Invesco S&P 500 Momentum ETFSPMO
SPMO
0
Funds holding %
of 6,809 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
Based on 4 articles about SPMO published over the past 30 days
Positive
Zacks Investment Research
3 days 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
1 week 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.
Positive
Seeking Alpha
1 week ago
SPMO: 5 Reasons Why This ETF Is A Buy
The Invesco S&P 500 Momentum ETF offers investors a way to gain exposure to a momentum factor-based stock selection approach. SPMO has demonstrated strong historical performance relative to both the S&P 500 and other momentum factor focused ETFs. The fund provides diversification benefits when paired with traditional market cap weighted funds.
Positive
Seeking Alpha
3 weeks 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.
Positive
ETF Trends
1 month 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.
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.
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.
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.
Positive
Seeking Alpha
2 months 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.
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.
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