GRPM - Invesco S&P MidCap 400 GARP ETF
The Invesco S&P MidCap 400 GARP ETF (GRPM) aims to replicate the performance of the S&P MidCap 400 GARP Index. This Fund commits a minimum of 90% of its total capital to the constituent securities of its benchmark index. The Index itself focuses on identifying mid-sized companies that display a combination of steady underlying business growth, attractive valuations, sound fiscal health, and strong profit generation capabilities.
As of Jun 30, 2026: spot at $130.29, ATM IV 18.1%, net GEX $5.5K.
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Market Cap
- $480.0M
- Beta
- 1.04
- 52-Week Range
- 108.81-131.28
- Dividend Yield
- $0.95
- IPO Date
- Dec 8, 2010
- Exchange
- AMEX
What GRPM Looks Like to Options Traders Today
IV rank of 19.8% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($5.5K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.006) is roughly flat across the wings.
What This Page Covers
The GRPM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked GRPM overview questions
- What is GRPM?
- GRPM is the ticker symbol for Invesco S&P MidCap 400 GARP ETF, an listed exchange-traded fund. The Invesco S&P MidCap 400 GARP ETF (GRPM) aims to replicate the performance of the S&P MidCap 400 GARP Index. This Fund commits a minimum of 90% of its total capital to the constituent securities of its benchmark index. Listed on AMEX. GRPM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the GRPM options snapshot look like today?
- As of Jun 30, 2026, the GRPM options snapshot shows spot at $130.29, ATM IV 18.1%, IV rank 19.8%, net GEX $5.5K, expected move 5.19%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are GRPM's key statistics?
- Invesco S&P MidCap 400 GARP ETF (GRPM) carries a market capitalization of $480.0M, 52-week range of 108.81-131.28. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does GRPM belong to?
- Invesco S&P MidCap 400 GARP ETF operates in the Financial Services sector, in the Asset Management - Global industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare GRPM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the GRPM data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.