GRPZ Stock Summary and Trading Ideas (Invesco Exchange-Traded Trust II Invesco S&P Smallcap 600 Garp ETF | ARCA:GRPZ)

The Invesco S&P SmallCap 600 GARP ETF (the "Fund") seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 GARP Index (the "Underlying Index"). Underlying Index, which is designed to track the performance of approximately 90 growth stocks in the S&P SmallCap 600 Index (the "Parent Index") with relatively high quality and value composite scores, which are computed as described below. The Parent Index measures the performance of the small-cap segment of the U.S. equity market and is comprised of approximately 600 securities. The Fund defines small-capitalization companies as companies whose securities are included in the Parent Index.

Invesco Exchange-Traded Trust II Invesco S&P Smallcap 600 Garp ETF trades on the ARCA stock market under the symbol GRPZ.

As of May 8, 2024, GRPZ stock price was flat at $24.44 with 133 million shares trading.

GRPZ has a market cap of $2.44 million. This is considered a Sub-Micro Cap stock.

GRPZ support price is $24.00 and resistance is $24.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GRPZ stock will trade within this expected range on the day.