SPMO

Invesco S&P 500 Momentum ETF is an exchange-traded fund that tracks a rules-based index composed of large-cap U.S. equities exhibiting strong momentum characteristics. The fund seeks to reflect the performance of companies within the S&P 500 that have demonstrated relatively higher price appreciation over a defined lookback period, as measured by a systematic momentum screen. Its portfolio typically tilts toward sectors and issuers that have led recent market gains, while remaining confined to the established S&P 500 universe. By construction, the fund periodically rebalances to refresh its exposure to constituents with the strongest momentum signals, which can lead to sector and single-stock concentrations compared with a broad market index fund. Invesco S&P 500 Momentum ETF plays a role in the factor-investing segment of the market, providing transparent, index-based access to the momentum factor within U.S. large-cap equities for investors seeking targeted style exposure alongside traditional capitalization-weighted strategies.