Invesco S&P SmallCap 600 GARP ETF (GRPZ)
GRPZ Price Chart
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GRPZ ETF Profile
Key details and information about Invesco S&P SmallCap 600 GARP ETF (GRPZ).
Sector Focus
Financial Services
Industry
Asset Management - Global
Inception Date
1 Apr 2024
Country
US
Description
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.
GRPZ ETF Performance
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