Invesco S&P 500 Momentum ETF set to overweight semiconductors and energy after strong 19.6% return.

The Invesco S&P 500 Momentum ETF (SPMO) remains a strong buy, focusing on top-performing momentum stocks within the S&P 500. Its upcoming September rebalance is expected to increase exposure to semiconductor and energy sectors, further differentiating it from the broader S&P 500 index. Over the past year, SPMO delivered a 19.6% total return and attracted $6.3 billion in net inflows, highlighting its effectiveness in capturing market rallies. The fund's emphasis on AI, memory, and energy sectors is anticipated to continue driving its outperformance, though investors should be mindful of the increased concentration risk.

As of September 18, 2026, 08:51 WIB, the Invesco S&P 500 Momentum ETF (SPMO) trades at USD 146.47 on Pluang, up 1.96% for the day. This price sits closer to its 52-week high of USD 161.66 than its low of USD 107.84, reflecting strong recent momentum. Despite a market cap of $22.09 billion, typical holding time on Pluang is relatively short at 50 days, with order activity leaning heavily towards selling at 68%.