Invesco S&P 500 Momentum ETF (SPMO)

NYSEARCA: SPMO · IEX Real-Time Price · USD
76.63
+0.08 (0.10%)
Feb 26, 2024, 4:00 PM EST - Market closed
0.10%
Assets $289.13M
Expense Ratio 0.13%
PE Ratio 19.62
Shares Out 8.62M
Dividend (ttm) $1.07
Dividend Yield 1.39%
Ex-Dividend Date Dec 18, 2023
Payout Ratio 27.29%
1-Year Return +40.53%
Volume 222,243
Open 76.69
Previous Close 76.55
Day's Range 76.55 - 77.01
52-Week Low 51.67
52-Week High 77.20
Beta 0.85
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

56.75% of assets
Name Symbol Weight
Meta Platforms, Inc. META 11.83%
NVIDIA Corporation NVDA 11.55%
Broadcom Inc. AVGO 7.53%
Eli Lilly and Company LLY 6.64%
JPMorgan Chase & Co. JPM 5.84%
Netflix, Inc. NFLX 3.44%
Merck & Co., Inc. MRK 2.77%
General Electric Company GE 2.70%
Oracle Corporation ORCL 2.38%
Linde plc LIN 2.08%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 18, 2023 $0.16441 Dec 22, 2023
Sep 18, 2023 $0.2783 Sep 22, 2023
Jun 20, 2023 $0.280 Jun 23, 2023
Mar 20, 2023 $0.34335 Mar 24, 2023
Dec 19, 2022 $0.3001 Dec 23, 2022
Sep 19, 2022 $0.27522 Sep 23, 2022
Full Dividend History

News

Bull vs. Bear: Active ETFs Rising — Meaningful or Mirage?

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play eith...

Other symbols: JEPIJEPQSPY
3 months ago - ETF Trends

Invest in the Market's Momentum – and NVIDIA's – With SPMO

Markets kicked off the week gaining on the momentum of last week's strong performance. One stock in particular saw some major gains.

4 months ago - ETF Trends

Momentum Leads Q3 Factor ETF Performance

Momentum was the only S&P 500 factor index to generate positive returns during the third quarter. The S&P 500 Momentum gained 2.8% during Q3, while the parent S&P 500 lost 3.3% in the quarter.

5 months ago - ETF Trends

Momentum Factor Continues Outperformance into September

Compared to its U.S. equity factor peers, momentum is looking very compelling this month. The S&P 500 Momentum is up 1.6% in September, while the benchmark has lost 1.1% during the month.

6 months ago - ETF Trends

SPMO, SPHQ Among August's Best-Performing Factor ETFs

As U.S. equities struggled last month, just two S&P 500 factor indexes posted position returns in August. The S&P 500 declined 1.6% in August, marking its second monthly decline year to date.

Other symbols: SPHQ
6 months ago - ETF Trends

Pair Equal Weight With Momentum to Generate Excess Returns

Long-term investors can pair smart beta ETFs to better capture returns over different points in the market cycle. Many advisors use the Invesco S&P 500® Equal Weight ETF (RSP) as a core equity holding...

Other symbols: RSP
10 months ago - ETF Trends

Debunking Momentum Myths

Among the various investment factors, it's not a stretch to say that growth, size, and value, among others, are easily understood while others, like momentum, are in the misunderstood camp.

1 year ago - ETF Trends

Get Behind Momentum in the S&P 500 With This ETF

It's difficult to deny the current momentum in the stock market, particularly the S&P 500. When it comes to riding momentum, consider exchange traded funds (ETFs) that can drill down on this factor wh...

1 year ago - ETF Trends

The Advisors Guide to Pairing Invesco's Factor-Based Strategies

Advisors can pair factor-based strategies to optimize a client portfolio. Many factor-based strategies have significantly outperformed the S&P 500 this year, with the small-size factor being one of th...

Other symbols: RSPSPLV
1 year ago - ETF Trends

Under the Hood of SPMO

Investors have been rotating into low volatility, value funds all year, possibly leaving their portfolios underexposed to the momentum factor. Momentum is the tendency for stocks that have performed w...

1 year ago - ETF Trends

The Advisors Guide to Complementing RSP With Factor ETFs

The Invesco S&P 500® Equal Weight ETF (RSP) can be paired with factor ETFs to complement the fund's tilt toward size and value.  Particularly as markets are anticipating an increase in volatility ahea...

Other symbols: RSPSPLV
1 year ago - ETF Trends

A Momentum ETF to Consider as Berkshire Earnings Rise

With fresh new highs the past week, momentum is clearly on the side of the S&P 500, and funds focused on the index can build off the strength with Berkshire Hathaway's recent operating profit numbers....

2 years ago - ETF Trends

Bet on Year-End Momentum Rally With This ETF

A variety of factors have received plenty of attention at various points over the course of 2021, but investors looking for a factor idea to close out the year and ride into 2022 may want to consider ...

2 years ago - ETF Trends

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

Ride November's Record Wave with the Momentum Factor

Momentum can be hard to stop when it gets going. Right now, momentum is favoring ETF flows into equities.

3 years ago - ETF Trends

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
4 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
4 years ago - Benzinga

Momentum ETFs May Still Have Some Mojo

Momentum stocks and the related ETFs have recently been under scrutiny as concerns about the integrity of the bull market have emerged and some investors have rotated away from growth stocks into valu...

4 years ago - ETF Trends