Invesco S&P 500 Momentum ETF (SPMO)
| Assets | $104.81M |
| NAV | $50.88 |
| Expense Ratio | 0.13% |
| PE Ratio | 24.94 |
| Shares Out | 2.06M |
| Dividend (ttm) | $0.77 |
| Dividend Yield | 1.53% |
| Ex-Dividend Date | Sep 19, 2022 |
| 1-Year Return | -17.35% |
| Volume | 9,442 |
| Open | 50.88 |
| Previous Close | 50.94 |
| Day's Range | 50.41 - 50.94 |
| 52-Week Low | 49.92 |
| 52-Week High | 65.83 |
| Beta | 0.91 |
| Holdings | 101 |
| Inception Date | Oct 9, 2015 |
About SPMO
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of approximately 100 stocks in the S&P 500® Index that have the highest momentum score. In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a momentum style of investing emphasizes investing in securities that have had better recent performance compared to other securities. It is non-diversified.
Top 10 Holdings
47.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil | XOM | 8.60% |
| UnitedHealth Group | UNH | 8.20% |
| Chevron | CVX | 6.11% |
| Berkshire Hathaway | BRK.B | 4.56% |
| AbbVie | ABBV | 4.18% |
| Eli Lilly and Company | LLY | 4.13% |
| PepsiCo | PEP | 2.89% |
| Pfizer | PFE | 2.87% |
| The Coca-Cola Company | KO | 2.85% |
| Costco Wholesale | COST | 2.84% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2022 | $0.275 | Sep 23, 2022 |
| Jun 21, 2022 | $0.23105 | Jun 30, 2022 |
| Mar 21, 2022 | $0.13884 | Mar 31, 2022 |
| Dec 20, 2021 | $0.12637 | Dec 31, 2021 |
| Sep 20, 2021 | $0.070 | Sep 30, 2021 |
| Jun 21, 2021 | $0.06483 | Jun 30, 2021 |
News
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 ahead,...
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. R...
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 mo...
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 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.
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 th...
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 value ...