Invesco S&P SmallCap 600 GARP ETF
GRPZ
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Apr 1, 2024
- CIK
- 0001378872
- Website
- invesco.com
- Similar Companies
- Business
- Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that seeks to track the performance of the S&P SmallCap 600 GARP Index by investing at least 90% of its total assets in securities comprising the underlying index. The fund generally holds approximately 90 small-cap securities selected from the S&P SmallCap 600 Index based on relatively high quality and value composite scores pursuant to the index methodology; it emphasizes growth-at-a-reasonable-price (GARP) characteristics, with allocations across sectors including industrials (around 20%), consumer discretionary (around 16%), financials (around 16%), health care (around 13%), energy (around 12%), and information technology (around 12%). The fund is rebalanced semi-annually after market close on the third Friday in June and December, and it distributes ordinary income dividends quarterly, such as $0.06476 per share in September 2025 and $0.07364 per share in June 2025. Launched on March 27, 2024, and domiciled in the United States, GRPZ operates primarily in U.S. equity markets and targets investors seeking exposure to small-cap blend styles with small-cap value (around 27-32%) and growth (around 40-42%) emphases. The ETF is issued and managed by Invesco Capital Management LLC, with a net expense ratio of 0.35% and portfolio managers including Peter Hubbard, Michael Jeanette, Tony Seisser, and Pratik Doshi. As of late 2025, the fund's market value stands at approximately $2.78 million, with top holdings such as InterDigital Inc. (IDCC, around 2.4%), Worthington Steel Inc. (WS, around 2.4%), and Powell Industries Inc. (POWL, around 2.3%). In a notable product launch within the last two years, Invesco introduced GRPZ on March 27, 2024, as the latest addition to its factor-based ETF suite alongside offerings like the Invesco S&P 500 GARP ETF (SPGP) and Invesco S&P MidCap 400 GARP ETF. No recent partnerships, acquisitions, funding rounds, name changes, or major strategic shifts beyond the initial launch and routine semi-annual rebalancings have been reported for the fund. The ETF remains non-diversified and passively managed, focusing on U.S. small-cap companies exhibiting balanced growth and value traits amid market volatility.