Latest news with #GRPM
Yahoo
11-07-2025
- Business
- Yahoo
Should Invesco S&P MidCap 400 GARP ETF (GRPM) Be on Your Investing Radar?
If you're interested in broad exposure to the Mid Cap Blend segment of the US equity market, look no further than the Invesco S&P MidCap 400 GARP ETF (GRPM), a passively managed exchange traded fund launched on 12/03/2010. The fund is sponsored by Invesco. It has amassed assets over $471.95 million, making it one of the average sized ETFs attempting to match the Mid Cap Blend segment of the US equity market. Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities. Thus, companies that fall under this category provide a stable and growth-heavy investment. Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.35%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.87%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Consumer Discretionary sector--about 26.30% of the portfolio. Energy and Industrials round out the top three. Looking at individual holdings, Celsius Holdings Inc (CELH) accounts for about 4.67% of total assets, followed by Halozyme Therapeutics Inc (HALO) and Roivant Sciences Ltd (ROIV). The top 10 holdings account for about 27.7% of total assets under management. GRPM seeks to match the performance of the S&P MIDCAP 400 GARP INDEX before fees and expenses. The S&P MidCap 400 GARP Index seeks to track companies with consistent fundamental growth, reasonable valuation, solid financial strength, and strong earning power. The ETF has added about 1.46% so far this year and is up roughly 0.48% in the last one year (as of 07/11/2025). In the past 52-week period, it has traded between $90.38 and $126.41. The ETF has a beta of 1.09 and standard deviation of 21.77% for the trailing three-year period. With about 60 holdings, it effectively diversifies company-specific risk. Invesco S&P MidCap 400 GARP ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, GRPM is a reasonable option for those seeking exposure to the Style Box - Mid Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Mid-Cap ETF (VO) and the iShares Core S&P Mid-Cap ETF (IJH) track a similar index. While Vanguard Mid-Cap ETF has $84.90 billion in assets, iShares Core S&P Mid-Cap ETF has $98.18 billion. VO has an expense ratio of 0.04% and IJH charges 0.05%. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P MidCap 400 GARP ETF (GRPM): ETF Research Reports Halozyme Therapeutics, Inc. (HALO) : Free Stock Analysis Report iShares Core S&P Mid-Cap ETF (IJH): ETF Research Reports Vanguard Mid-Cap ETF (VO): ETF Research Reports Celsius Holdings Inc. (CELH) : Free Stock Analysis Report Roivant Sciences Ltd. (ROIV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now?
Launched on 12/03/2010, the Invesco S&P MidCap 400 GARP ETF (GRPM) is a smart beta exchange traded fund offering broad exposure to the Style Box - Mid Cap Blend category of the market. Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. The fund is managed by Invesco, and has been able to amass over $465 million, which makes it one of the average sized ETFs in the Style Box - Mid Cap Blend. Before fees and expenses, this particular fund seeks to match the performance of the S&P MIDCAP 400 GARP INDEX . The S&P MidCap 400 GARP Index seeks to track companies with consistent fundamental growth, reasonable valuation, solid financial strength, and strong earning power. For ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same. Annual operating expenses for GRPM are 0.35%, which makes it on par with most peer products in the space. The fund has a 12-month trailing dividend yield of 0.89%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. GRPM's heaviest allocation is in the Consumer Discretionary sector, which is about 26.3% of the portfolio. Its Energy and Industrials round out the top three. Looking at individual holdings, Celsius Holdings Inc (CELH) accounts for about 4.67% of total assets, followed by Halozyme Therapeutics Inc (HALO) and Roivant Sciences Ltd (ROIV). The top 10 holdings account for about 27.7% of total assets under management. The ETF has lost about -0.64% and was up about 0.07% so far this year and in the past one year (as of 07/08/2025), respectively. GRPM has traded between $90.38 and $126.41 during this last 52-week period. The fund has a beta of 1.09 and standard deviation of 21.81% for the trailing three-year period. With about 60 holdings, it effectively diversifies company-specific risk . Invesco S&P MidCap 400 GARP ETF is a reasonable option for investors seeking to outperform the Style Box - Mid Cap Blend segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Mid-Cap ETF (VO) tracks CRSP US Mid Cap Index and the iShares Core S&P Mid-Cap ETF (IJH) tracks S&P MidCap 400 Index. Vanguard Mid-Cap ETF has $84 billion in assets, iShares Core S&P Mid-Cap ETF has $96.42 billion. VO has an expense ratio of 0.04% and IJH changes 0.05%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Mid Cap Blend To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco S&P MidCap 400 GARP ETF (GRPM): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
25-06-2025
- Health
- Yahoo
GRPM closed Wednesday after discovery of potentially unstable drugs
GRAND RAPIDS, Mich. (WOOD) — The Grand Rapids Public Museum is closed Wednesday after team members identified potentially unstable drugs in one of the museum's exhibits. The museum's 'The Streets of Old Grand Rapids' exhibit is a recreation of the city in the 1890s, and it includes 11 storefronts based on actual businesses from the time. One storefront is the Rudell Drug Store, which features all original fixtures: According to when the real drug store in Sault Ste. Marie closed in 1969, the entire interior was disassembled and shipped to Grand Rapids. During a curatorial review of the drug store, museum staff identified 'several pharmaceuticals that can degrade over time and become unstable,' a spokesperson for GRPM told News 8. The discovery prompted the museum to close Wednesday, in accordance with its safety policy. GRPM said it informed public safety officials, who removed the materials. 'Museum staff regularly review and research best practices for safe collections management,' Kellie Rosekrans, the museum's director of marketing, wrote in an email to News 8. 'As safety protocols are updated, we make changes to our exhibits to ensure the safety of the visitors and the preservation of the Collections.' The museum says it hopes to reopen Thursday as usual. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
