Invesco S&P 500 Momentum ETF

SPMO, the Invesco S&P 500 Momentum ETF, which holds the hundred members of the S&P 500 with the strongest volatility-adjusted momentum: the shares whose prices have climbed the most, discounted for how bumpy the climb was. The list is rebuilt as market leadership shifts, so the fund follows whatever has been working lately. Invesco launched it in October 2015. SPMO on Robinhood Chain is a Robinhood Stock Token, a tokenised debt security issued by Robinhood Assets (Jersey) Limited and backed by fund shares held in custody at Alpaca Securities.