Invesco S&P 500 Momentum ETF (SPMO)

NYSEARCA: SPMO · Real-Time Price · USD
90.82
-1.92 (-2.07%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-2.07%
Assets $2.85B
Expense Ratio 0.13%
PE Ratio 23.32
Shares Out 30.92M
Dividend (ttm) $0.43
Dividend Yield 0.47%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 11.00%
1-Year Return +61.83%
Volume 820,990
Open 92.06
Previous Close 92.74
Day's Range 90.81 - 92.06
52-Week Low 57.58
52-Week High 94.69
Beta 0.93
Holdings 101
Inception Date Oct 9, 2015

About SPMO

Fund Home Page

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is issued by Invesco.

Asset Class Equity
Category Large Growth
Region North America
Stock Exchange NYSEARCA
Ticker Symbol SPMO
ETF Provider Invesco
Index Tracked S&P 500 Momentum Index

Top 10 Holdings

57.39% of assets
Name Symbol Weight
NVIDIA Corporation NVDA 10.21%
Amazon.com, Inc. AMZN 9.22%
Meta Platforms, Inc. META 6.72%
Eli Lilly and Company LLY 6.32%
Broadcom Inc. AVGO 5.97%
Berkshire Hathaway Inc. BRK.B 5.91%
JPMorgan Chase & Co. JPM 4.92%
Costco Wholesale Corporation COST 3.72%
Walmart Inc. WMT 2.33%
General Electric Company GE 2.07%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.06917 Sep 27, 2024
Jun 24, 2024 $0.0693 Jun 28, 2024
Mar 18, 2024 $0.12655 Mar 22, 2024
Dec 18, 2023 $0.16441 Dec 22, 2023
Sep 18, 2023 $0.2783 Sep 22, 2023
Jun 20, 2023 $0.28012 Jun 23, 2023
Full Dividend History

News

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 m...

1 day ago - Seeking Alpha

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...

5 days ago - Seeking Alpha

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.

4 weeks ago - Market Watch

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 ...

6 weeks ago - Seeking Alpha

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, wh...

6 weeks ago - Seeking Alpha

SPMO ETF is a good VOO, and SPY alternative with a catch

Exchange-traded funds (ETFs) are having a strong performance this year, with most of them having robust inflows. Some of the most notable ones in terms of inflows are the Vanguard S&P 500 (VOO) and th...

7 weeks ago - Invezz

SPMO:  Momentum Style Is Losing Momentum As Rotation Grows

Momentum factor funds have performed very well YoY, with SPMO rising twice as fast as the S&P 500 due to its exposure to the "AI trade." As Nvidia, Apple, Microsoft, and others dominate SPMO, it is mo...

3 months ago - Seeking Alpha

SPMO: Hope You Love Tech

Invesco S&P 500 Momentum ETF focuses on high-momentum stocks in the S&P 500, rebalancing twice a year for a performance boost. The fund holds 101 positions, with Nvidia as the largest holding at 13.17...

3 months ago - Seeking Alpha

SPMO: A Solid Mix Of High Momentum And Lower Volatility

Momentum factor has shown excess returns in various assets over a 215-year period. Invesco S&P 500® Momentum ETF partially mitigates risks associated with momentum investing. SPMO fund uses risk-adjus...

4 months ago - Seeking Alpha

This Nvidia-heavy investing strategy has been outperforming the S&P 500

Exchange-traded funds that track indexes can work well for investors because they can ride along with rising markets with low fees that enhance long-term returns. And it is difficult for active manage...

Other symbols: NVDASPY
5 months ago - Market Watch

SPMO: Buying What Already Went Up Works

The Invesco S&P 500 Momentum ETF has outperformed the S&P 500 since its inception in 2015. Momentum Index investing works, the methodology captures companies experiencing multiple growth years that th...

6 months ago - Seeking Alpha

SPMO: Heavy Into TMT Stocks After The March Reconstitution

The momentum factor has slowed recently, despite strong performance driven by AI and semiconductor stocks. Invesco S&P 500 Momentum ETF focuses on domestic large caps and may miss out on global equiti...

6 months ago - Seeking Alpha

SPMO: Impressive Outperformance Among Unleveraged Funds

Invesco S&P 500 Momentum ETF is one of the best-performing unleveraged funds over the last 3 months. SPMO's strategy of selecting and weighing stocks based on momentum has contributed to its recent ra...

9 months ago - Seeking Alpha

January FOMC Meeting Review: The 'Fed-Amental' Attribution Error

The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for ra...

9 months ago - Seeking Alpha

SPMO: Simple And Efficient Momentum ETF

Invesco S&P 500® Momentum ETF is invested in 100 stocks of the S&P 500 index with higher volatility-adjusted return. The SPMO ETF is less concentrated in technology but more concentrated in the top 10...

11 months ago - Seeking Alpha

SPMO: Low-Yielding S&P-Based Momentum ETF Better Than The Broader Market

Invesco S&P 500 Momentum ETF invests in momentum stocks with high volatility and a turnover ratio of 124%. The fund has generated strong total returns over the long run, despite a low yield of 1-2%. T...

1 year ago - Seeking Alpha

SPMO ETF: Be Careful Of Crash Risk

The Invesco S&P 500® Momentum ETF's methodology, combined with our alpha plot, suggests the vehicle might suffer from crash risk at some stage. Although the SPMO ETF has presented solid returns since ...

1 year ago - Seeking Alpha

SPMO: Momentum Factor Strategy Can Keep Outperforming

SPMO: Momentum Factor Strategy Can Keep Outperforming

1 year ago - Seeking Alpha

SPMO: Large Cap Momentum At Its Best

Momentum is the simple idea that stocks which performed relatively strong over the recent past (winners) tend to outperform those that performed poorly (losers). The Invesco S&P 500 Momentum ETF inves...

1 year ago - Seeking Alpha

SPMO: A Factor ETF That Benefits Investors Over SPY

The Invesco S&P 500 Momentum ETF invests based on the S&P 500 Momentum Index. It only holds about 20% of the full S&P 500 Index. The SPDR S&P 500 ETF invests in all 500+ stocks of the S&P 500 Index; a...

2 years ago - Seeking Alpha

S&P 500 Momentum Ranked Top Buy This Month By Artificial Intelligence

Using the Forbes AI Investor platform, we have compiled the top ETFs to buy this month across every major category.

Other symbols: BNDDFJEWYHYGIJJJNKLQD
3 years ago - Forbes

Best And Worst Q1 2021: Large Cap Growth ETFs And Mutual Funds

Best And Worst Q1 2021: Large Cap Growth ETFs And Mutual Funds

Other symbols: FCPIIUSG
4 years ago - Seeking Alpha

3 Momentum ETFs Hitting All-Time Highs

As broader benchmarks surged Tuesday, it wasn't surprising to see exchange traded funds dedicated to the momentum factor among the ETFs hitting all-time highs.

Other symbols: FDMOQMOM
5 years ago - Benzinga

3 Microsoft-Heavy ETFs To Watch Ahead Of Earnings

In what will be a brisk week of earnings reports from the always widely watched technology sector, the largest sector weight in the S&P 500, Microsoft (NASDAQ: MSFT) is one of the names stepping into ...

Other symbols: FTECIETC
5 years ago - Benzinga