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The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is designed to mirror the performance of the S&P SmallCap 600 GARP Index. To achieve this, the Fund allocates at least 90% of its total assets to the equities included in this benchmark index. The underlying index itself typically holds around 90 companies drawn from the wider S&P SmallCap 600, specifically those identified as having strong combined scores for both quality and value, based on its proprietary selection rules. Both the ETF and its tracking index undergo adjustments twice a year, with rebalancing taking place after the market closes on the third Friday in June and December.
Is GRPZ's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ - Get Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 236 shares, a decline of 15.1% from the January 15th total of 278 shares. Based on an average daily volume of 163 shares,
Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ - Get Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 290 shares, a decline of 18.1% from the December 15th total of 354 shares. Currently, 0.3% of the shares of the company are
The anticipation of interest rate cuts may skew equities market strength toward the upside. But interest rate news will continue to sway small-cap indexes.
On Wednesday, Invesco rolled out a new addition to its exchange traded fund library with the launch of the Invesco S&P SmallCap 600 GARP ETF (NYSE Arca: GRPZ), a fund that implements a factor-based strategy. GRPZ has a net expense ratio of 0.35%.