SPMO stock icon

Invesco S&P 500 Momentum ETF

97.77 USD
+1.06
1.10%
At close Dec 13, 4:00 PM EST
After hours
97.97
+0.20
0.20%
1 day
1.10%
5 days
-0.76%
1 month
1.24%
3 months
9.76%
6 months
12.43%
Year to date
50.67%
1 year
52.77%
5 years
135.53%
10 years
288.13%
0
Funds holding %
of 6,805 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

132% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 25

71% more funds holding in top 10

Funds holding in top 10: 7 [Q2] → 12 (+5) [Q3]

47% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 58

18% more funds holding

Funds holding: 184 [Q2] → 217 (+33) [Q3]

14% more capital invested

Capital invested by funds: $1.43B [Q2] → $1.63B (+$193M) [Q3]

9.01% less ownership

Funds ownership: 75.3% [Q2] → 66.3% (-9.01%) [Q3]

24% less call options, than puts

Call options by funds: $2.04M | Put options by funds: $2.69M

Research analyst outlook

We haven’t received any recent analyst ratings for SPMO.

Financial journalist opinion

Positive
Seeking Alpha
1 week ago
SPMO: This Is Really Impressive
Invesco S&P 500 Momentum ETF has maintained impressive performance by rebalancing its portfolio, reducing healthcare and technology, and increasing financials, which outperformed. The ETF's strategy involves selecting stocks with high momentum scores over the past 12 months, leading to a dynamic and responsive portfolio. Despite exceptional performance in 2024, SPMO's historical performance was less impressive, warranting a re-evaluation during the March rebalancing.
SPMO: This Is Really Impressive
Positive
ETF Trends
2 weeks ago
Invesco's 5 Top-Performing ETFs in 2024
The top-performing ETFs in Invesco's range in 2024 to date may surprise investors.  The top ETFs by year-to-date returns as of November 20 span asset classes from crypto to a financials subsector to momentum factor strategies.
Invesco's 5 Top-Performing ETFs in 2024
Positive
ETF Trends
1 month ago
A Smarter Way To Midcap?
Investors have embraced U.S. midcap equity ETFs in 2024, with the investment style gathering $19 billion of new money as of early November. This cash haul was more than the $17 billion brought in by small-cap equities.
A Smarter Way To Midcap?
Positive
MarketBeat
1 month ago
3 ETFs With Low Fees and Market-Beating Returns
The appeal of exchange-traded funds (ETFs) is clear: increase the diversification of your portfolio by targeting a large basket of equities with a single ticker to trade, and leave oversight of that basket to professional fund managers. It's no wonder that ETFs have ballooned in popularity, now comprising more than 10,000 funds managing over $11 trillion in assets.
3 ETFs With Low Fees and Market-Beating Returns
Positive
Seeking Alpha
1 month ago
SPMO: One Of The Best Constructed ETFs In The Market
The Invesco S&P 500 Momentum ETF has outperformed the S&P 500, delivering 315% returns over the last decade, compared to 243.6% for the broader index. SPMO's targeted approach focuses on the top 100 momentum stocks in the S&P 500, making it well-suited for challenging economic conditions. With an expense ratio of 0.13% and a diversified sector allocation, SPMO balances cyclical and defensive industries effectively.
SPMO: One Of The Best Constructed ETFs In The Market
Positive
Seeking Alpha
1 month ago
SPMO: It's Not The Best Time For The 'Momentum Strategy'
SPMO's momentum strategy is effective but currently risky due to high concentration in top 10 holdings, now at nearly 60%. The spread analysis shows clear signs of overconcentration and overstretching in the SPMO ETF. Looking ahead to Q4, the risk of starting or continuing a purchasing plan is also discouraged by the seasonality analysis.
SPMO: It's Not The Best Time For The 'Momentum Strategy'
Negative
Market Watch
2 months ago
The S&P 500 is too tech-heavy. This alternative ETF keeps beating it.
The various stock indexing and weighting schemes will shine at different times, but some approaches are designed to be immune from market cycles.
The S&P 500 is too tech-heavy. This alternative ETF keeps beating it.
Positive
Zacks Investment Research
2 months ago
5 ETFs Up More Than 35% in the First Nine Months
The winners are broad-based across sectors, building up massive gains this year.
5 ETFs Up More Than 35% in the First Nine Months
Positive
Seeking Alpha
2 months ago
SPMO: A Sound Choice For Buy-And-Hold Strategy
I transitioned from individual stocks to ETFs due to time constraints and emotional capacity, focusing on asset allocation and risk management. I chose the Invesco S&P 500 Momentum ETF for its strong performance metrics, including a high Sharpe Ratio and Sortino Ratio. SPMO's top holdings include NVIDIA, Apple, and Microsoft, with a historical beta of 0.93, indicating manageable volatility.
SPMO: A Sound Choice For Buy-And-Hold Strategy
Positive
Seeking Alpha
3 months ago
SPMO: A Mixed Bag For Momentum Seekers (But Still A Decent S&P 500 Play)
The Invesco S&P 500 Momentum ETF offers a reasonable 0.14% expense ratio and has outperformed the S&P 500 over the past decade. The ETF tracks the S&P 500 Momentum Index, rebalancing semi-annually, which reduces trading costs but dilutes the momentum factor. Infrequent rebalancing introduces timing luck, affecting momentum capture and making it easier for traders to front-run the ETF.
SPMO: A Mixed Bag For Momentum Seekers (But Still A Decent S&P 500 Play)
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