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.
Frequently asked questions
What is the Invesco S&P 500® Momentum ETF (SPMO) expense ratio?
The Invesco S&P 500® Momentum ETF funds expense ratio is 0.13%.
What is Invesco S&P 500® Momentum ETF (SPMO) current stock price?
As of the latest data, Invesco S&P 500® Momentum ETF stock price is $152.72, with a previous close of $151.21. Invesco S&P 500® Momentum ETF gained $1.51 in the last trading session, representing a 1% increase.
Does Invesco S&P 500® Momentum ETF (SPMO) pay dividends?
Yes. Invesco S&P 500® Momentum ETF pays quarterly dividends with an annualized yield of 0.69% and an estimated annual payout of $1.05 per share.