The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over 30%. The ETF maintains a heavy tech weighting at 52%, with Micron Technology holding the second-largest position. The fund's fundamentals remain strong, supporting a "buy" rating based on its quality and growth-at-a-reasonable-price (GARP) strategy that avoids overreacting to short-term market signals.
The Invesco S&P 500 Momentum ETF (SPMO) is currently priced at USD 152.04, showing a 1.90% gain on Pluang. Apple and Merck, recent additions to the ETF, are trading at USD 338.66 (+0.75%) and USD 150.00 (+2.21%) respectively, while Nvidia, recently removed, is at USD 226.94 (+2.10%). These figures reflect active market movements as of Sep 22, 2026 03:42 WIB.
