SPGP 📈 Invesco S&P 500 GARP - Overview

The Invesco S&P 500 GARP ETF, listed on the NYSE ARCA under the ticker SPGP, is designed to provide investors with exposure to a specific segment of the S&P 500 Index. This segment consists of approximately 75 growth stocks that have been identified as having relatively high quality and value composite scores. The fund's investment strategy involves allocating at least 90% of its total assets to the securities that make up the underlying index, which is compiled, maintained, and calculated by the index provider in accordance with its established guidelines and procedures.

The underlying index is designed to track the performance of these 75 growth stocks, which are selected based on their quality and value characteristics. The index provider uses a rules-based approach to select the stocks, ensuring that the index is representative of the growth at a reasonable price (GARP) investment strategy. This approach involves evaluating stocks based on their growth potential, as well as their valuation relative to their quality, to identify those that offer the most attractive combination of these characteristics. By tracking the performance of these stocks, the Invesco S&P 500 GARP ETF provides investors with a targeted investment solution that can be used to gain exposure to the US large-cap equity market with a focus on quality and value.

As an exchange-traded fund (ETF), the Invesco S&P 500 GARP ETF offers investors a number of benefits, including transparency, liquidity, and flexibility. The fund's holdings are disclosed daily, allowing investors to see exactly which stocks they are invested in, and the ETF can be traded throughout the day, providing investors with the ability to quickly respond to changes in market conditions. With its large value ETF category classification and ISIN code of US46137V4317, the Invesco S&P 500 GARP ETF is a popular choice among investors seeking to add a high-quality, value-oriented component to their investment portfolios.