Invesco S&P 500 Momentum ETF (SPMO)

Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund in the Large Blend category. It has $23.02B in assets, an expense ratio of 0.13% and a 0.73% dividend yield. 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…