SPGP - SPGP: GARP Strategy Is Overweight The Energy And Materials Sectors
2024-03-14 09:23:16 ET
Summary
- The Invesco S&P 500 GARP ETF invests in stocks that present a combination of strong growth and an attractive valuation.
- The rules-based SPGP ETF strategy is currently overweight stocks from the energy and materials sectors representing a relatively contrarian profile.
- We believe SPGP is poised to outperform the broader market going forward.
The Invesco S&P 500 GARP ETF ( SPGP ) takes a quantitative approach by investing in companies believed to offer "growth at a reasonable price."...
SPGP: GARP Strategy Is Overweight The Energy And Materials Sectors