If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco S&P 500 GARP ETF (SPGP), a passively managed exchange traded fund launched on June 17, 2011.
Invesco S&P 500 GARP ETF features strong value and growth metrics, moderate sector risk, and low company-specific risk. However, it has underperformed its parent index, the S&P 500, since 2011 with higher risk metrics. Key competitor GARP offers better returns and a lower expense ratio, making SPGP less compelling.
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco S&P 500 GARP ETF (SPGP) is a passively managed exchange traded fund launched on June 17, 2011.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 1,396 | $146,119 | $172,245.46 | $26,126.46 | 17.88% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 11,590 | $1.3M | $1.43M | $125,124.45 | 9.61% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 2,827 | $282,360.76 | $348,809.39 | $66,448.63 | 23.53% |
| CAL CSM Advisors LLC CSM Advisors LLC | 13,500 | $1.34M | $1.66M | $316,249 | 23.51% |
| TCL Therese C.D. Linden Bank of New Hampshire | 4,985 | $494,602.15 | $612,008.45 | $117,406.3 | 23.74% |
| ARCA Exchange | US Country |
The company described focuses on investment strategies, primarily through a fund that aims to replicate the performance of a specific index. The fund commits at least 90% of its total assets to the securities constituting the underlying index. This underlying index is notable for tracking the growth stocks within the S&P 500® Index, specifically targeting around 75 stocks identified for their high quality and value. The index provider is responsible for the compilation, maintenance, and calculation of the underlying index, strictly following its guidelines and mandated procedures. This approach emphasizes not just growth but the intrinsic quality and value of the stocks within the portfolio, reflecting a strategy that balances potential returns with the assessment of fundamental worth.
This product is a fund that channels the majority of its assets into securities that make up a specific, predetermined index. By aiming to invest at least 90% of its total assets in these securities, the fund seeks to closely mirror the performance of the underlying index. This strategy is particularly appealing to investors looking for investment opportunities that correlate with the broader market trends identified by the index, in this case, growth stocks within the S&P 500® with strong quality and value scores.
The main focus of the fund's investment strategy is on an underlying index specifically designed to track the performance of growth stocks within the S&P 500®. These stocks are not just any stocks but are selected based on relative high quality and value composite scores. The index provider’s role includes the rigorous compilation, maintenance, and calculation of this index, ensuring the investment fund remains aligned with its strategic goals. This service underpins the investment strategy, providing a clear and calculated mechanism for selecting and balancing the portfolio's components based on predetermined criteria.