The Invesco S&P 500 Momentum ETF (SPMO) experienced a notable week-over-week inflow of approximately $263.4 million, marking a 1.2% increase in outstanding units from 149,110,000 to 150,910,000. This change was recorded recently, highlighting the ETF’s growing popularity in the market.
As of the last trade, SPMO’s share price stood at $145.52, positioned between its 52-week low of $107.24 and a high of $162.30. Notable movements among its underlying components included Seagate Technology Holdings PLC (STX), which dropped about 3.4%, while Newmont Corp (NEM) gained 2.8%, and Welltower Inc (WELL) rose 0.9%.
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