Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 1 shares, a drop of 90.0% from the August 15th total of 10 shares. Based on an average trading volume of 759 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco S&P SmallCap 600 GARP ETF Trading Up 0.4%

Shares of GRPZ traded up $0.12 during trading hours on Friday, reaching $31.89. 110 shares of the company’s stock traded hands, compared to its average volume of 486. Invesco S&P SmallCap 600 GARP ETF has a 12 month low of $25.13 and a 12 month high of $33.86. The stock has a market cap of $3.19 million, a PE ratio of 12.58 and a beta of 0.82. The firm’s 50 day simple moving average is $32.76 and its 200-day simple moving average is $30.41.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 GARP ETF

A hedge fund recently bought a new stake in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC purchased a new position in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned about 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent reporting period.

Invesco S&P SmallCap 600 GARP ETF Company Profile

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.