Invesco S&P 500 Momentum ETFSPMO
SPMO
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
674% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 19
127% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 55
56% more funds holding
Funds holding: 217 [Q3] → 338 (+121) [Q4]
40% more capital invested
Capital invested by funds: $1.63B [Q3] → $2.27B (+$643M) [Q4]
33% more funds holding in top 10
Funds holding in top 10: 12 [Q3] → 16 (+4) [Q4]
5% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $1.06M
7.17% less ownership
Funds ownership: 66.3% [Q3] → 59.13% (-7.17%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for SPMO.
Financial journalist opinion
Negative
Seeking Alpha
2 weeks ago
SPMO: A Portfolio Built On The Past, For An Uncertain Future
SPMO's latest rebalance increased exposure to Consumer Cyclical, Consumer Defensive, and Communication Services while reducing Healthcare. These are sectors that have reached statistically attractive relative valuations (multiples). In fact, the declines and subsequent pullback in SPMO have been more pronounced. I'm concerned about the low exposure to healthcare and the reduced participation in the tech segment compared to the S&P 500, currently the two sectors with the strongest growth outlooks.
Neutral
Seeking Alpha
1 month ago
SPMO: A Major March Rebalancing (Rating Downgrade)
SPMO's March rebalancing saw significant changes, adding TSLA and PLTR, while cutting BRK.B and LLY, with technology and financials still heavily weighted. The fund has outperformed in the last 3 years due to gains in Mag 7 and financials, but its first six years were unimpressive. Concerns arise from adding stocks like TSLA and PLTR, which show recent downward momentum, questioning the sustainability of SPMO's outperformance.
Positive
Seeking Alpha
1 month ago
SPMO: Momentum Unwinding As Top Performers Face Largest Declines
The Invesco Momentum ETF, SPMO, has historically outperformed with a superior risk-reward profile but is now showing signs of underperformance. Momentum investing thrives in stable markets but struggles in choppy conditions, often leading to "buy high, sell low" scenarios during corrections. Stocks with the best performance from March 2024 to February generally performed worse over the past month, while 2024's underperformers were left unharmed.
Positive
Zacks Investment Research
3 months ago
Momentum ETF (SPMO) Hits New 52-Week High
S&P 500 Momentum Invesco ETF SPMO is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 48.5% from its 52-week low price of $66.52/share.
Positive
MarketBeat
3 months ago
Top ETFs That Beat the Market in 2024 and Could Do It Again
2024 was an incredible year for exchange-traded funds (ETFs) as an investment vehicle, with investors funneling a record-breaking $1.1 trillion in new assets into these funds. With new ETFs launching all the time, investors now have more than 12,000 different options from which to choose.
Neutral
Seeking Alpha
3 months ago
SPMO Holds S&P 500 Stocks While Overcoming 2025's Biggest Risk
SPMO is a momentum ETF on the S&P 500, with an expense ratio of 0.13%, a low dividend yield, and strong capital appreciation abilities. The S&P 500 has hit initial support, with over 70% of stocks below the EMA50 and RSI above 50, before bouncing. The S&P 500's P/E ratio is 30x, but declining earnings growth estimates put growth stocks at risk.
Positive
Zacks Investment Research
3 months ago
ETFs to Play on Gaza Truce, Easing Inflation & Solid Bank Earnings
High beta and high momentum ETFs should win amid the Gaza truce, cooling inflation and solid bank earnings.
Positive
Seeking Alpha
3 months ago
SPMO: Core Or Satellite Holding?
The Invesco S&P 500 Momentum ETF has significantly outperformed the S&P 500 in 2024, attracting many new investors. The article explores whether SPMO should be considered a core holding in a portfolio, given its recent performance and momentum strategy. Core holdings are typically diversified funds, while satellite funds are focused and aim to add outperformance, like SPMO could potentially do.
Positive
Zacks Investment Research
4 months ago
High Beta & Momentum ETFs to Tap the Santa Claus Rally
High-beta and high-momentum products are expected to outperform as investors are bracing for a Santa Claus rally.
Positive
ETF Trends
4 months ago
Check Out These 5 Top-Performing ETFs in 2024
Invesco's five top-performing ETFs in 2024 all beat the broader market. The funds capitalized on different trends this year, capturing impressive returns for investors.
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