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This Momentum ETF has new friends

This Momentum ETF has new friends

Finally, one believes that the trend in the S&P 500 is one’s friend. In mid-August, the Invesco S&P 500 Momentum ETF (SPMO) doubled its net inflows since 2024. Invesco offers a range of smart-beta (or factor) ETFs linked to the S&P 500. Some have gained traction significant, such as the Invesco S&P 500 Equal Weight (…)

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