This Momentum ETF Has New Friends
August 26, 2024 at 08:56 AM EDT
Finally, someone believes the trend in the S&P 500 is their friend. In mid-August, the Invesco S&P 500 Momentum ETF (SPMO) had its 2024 net inflows nearly double. Invesco offers a range of smart-beta (or factor) ETFs tied to the S&P 500 Index. Some have gained significant traction, like the Invesco S&P 500 Equal Weight [...] The post This Momentum ETF Has New Friends appeared first on ETF Trends .