Invesco S&P 500 Momentum ETF Sees Significant Increase in Shares Outstanding

Friday, Jul 25, 2025 3:15 pm ET1min read

The Invesco S&P 500 Momentum ETF (SPMO) has experienced a significant inflow of $276.7 million, resulting in a 2.7% increase in outstanding units. The ETF's holdings include General Electric, Philip Morris International, and KKR & CO. The 200-day moving average for SPMO is $114.909, with a 52-week low of $76.75 and a high of $114.909.

The Invesco S&P 500 Momentum ETF (SPMO) has experienced a notable inflow of $276.7 million, leading to a 2.7% increase in outstanding units over the past week. This represents a substantial week-over-week growth in shares outstanding, from 90,050,000 to 92,470,000 [1].

Among the top components within SPMO, General Electric Co (GE), Philip Morris International Inc (PM), and KKR & CO Inc (KKR) have shown positive performance in recent trading. GE has increased by approximately 1.7%, PM by 0.5%, and KKR by 0.3% [1].

The ETF's holdings are diversified, with NVIDIA stock making up 10.78% of the portfolio, followed by Amazon.com at 8.64%, Meta Platforms at 8.51%, Broadcom at 5.83%, and JPMorgan Chase & Co. at 5.20% [2].

Technical analysis of SPMO indicates that the 200-day moving average is $114.909, with a 52-week low of $76.75 and a high of $114.909. Comparing the most recent share price to the 200-day moving average provides insight into the ETF's performance and potential future trends.

Exchange-traded funds (ETFs) trade similarly to stocks, with investors buying and selling units rather than shares. The creation or destruction of units to accommodate investor demand can impact the underlying holdings of the ETF. Large inflows can lead to an increase in the demand for the ETF's underlying components, while outflows can result in a decrease [1].

This significant inflow in SPMO suggests growing investor interest in momentum-based strategies, which aim to capitalize on the performance of high-momentum stocks. As SPMO continues to attract new investors, it will be important to monitor its performance and the underlying holdings for any changes that may impact the ETF's future trajectory.

References:
[1] https://www.nasdaq.com/articles/invesco-sp-500-momentum-etf-experiences-big-inflow-0
[2] https://stockanalysis.com/etf/spmo/holdings/

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