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GMO Launches GMO Power Infrastructure ETF (KWH)
Business Wire (Wed, 15-Jul 8:00 AM ET)
The GMO Systematic Investment Grade Credit ETF (the "Fund") seeks total return in excess of the Bloomberg U.S. Corporate Index. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing primarily in U.S. investment grade debt securities. GMO determines Fund investments utilizing its proprietary systematic investment approach analyzing bonds based on factors including value, quality, momentum, and company fundamentals. These factors are captured through proprietary fair value models, measures of changes in default risk, and bond and equity momentum indicators. The strategy seeks to invest in attractive risk/return opportunities and limit tracking error by managing the Fund's exposure at the country, sector, and issuer levels and to risks such as liquidity, interest-rates, and credit spreads. The Fund expects to have material exposure to bonds issued by U.S. and non-U.S. companies. The Fund also may invest in derivatives and ETFs in an attempt to obtain or adjust elements of its long or short investment exposure.
Gmo Systematic Investment Grade Credit ETF trades on the ARCA stock market under the symbol INVG.
As of September 30, 2026, INVG stock price was flat at $24.11 with 631 million shares trading.
INVG has a market cap of $22.90 million. This is considered a Sub-Micro Cap stock.
INVG has underperformed the market in the last year with a price return of -2.3% while the SPY ETF gained +16.1%. INVG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.2% and -1.9%, respectively, while the SPY returned +3.2% and +0.9%, respectively.
INVG support price is $24.02 and resistance is $24.19 (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 INVG shares will trade within this expected range on the day.
