TSA Wealth Managment LLC cut its stake in the Invesco S&P 500 Momentum ETF (SPMO) by 76.1% in the third quarter, selling 30,417 shares and leaving it with 9,547 shares, according to an SEC filing. The holding was worth $1,447,000 at the end of the most recent quarter. Other institutional investors also changed their positions, including Blue Trust Inc., which raised its stake by 35.8% in the first quarter to 353 shares. SPMO fell $0.16 to $138.66 in midday trading on Friday, with volume of 2,009,242 shares versus an average of 1,947,640. The fund has a market capitalization of $21.46 billion, a P/E ratio of 29.51, a beta of 1.10, and a 12-month range of $107.24 to $162.30. The ETF tracks 100 S&P 500 components with the strongest volatility-adjusted momentum and was launched on Oct 9, 2015, and is managed by Invesco.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on tickerreport.com ↗
Keywords
SPMOETFS&P 500investment trusts
Open a keyword to see other news on the same topic.
Related news
- Invesco S & P 500 Momentum ETF $SPMO Stock Sold by KWB Wealth
- Invesco S & P 500 Momentum ETF $SPMO Holdings Decreased by HBW Advisory Services LLC
- Should You Forget the Vanguard S&P 500 ETF (VOO) and Buy the Invesco S&P 500 Equal Weight ETF (RSP) Instead?
- 3 ETFs That Can Weather Stock Market Volatility
The article argues that for many investors, the best approach to a bear market is to buy low-cost index funds tracking the total U.S. stock market and hold through short-term declines. It highlights three ETFs, each with a 0.03% expense ratio: the Vanguard S&P 500 ETF (VOO), the Vanguard Morningstar Total Stock Market ETF (VTI) and the Schwab U.S. Broad Market ETF (SCHB). Since inception, VOO has averaged about 14.9% a year over 16 years, SCHB about 14.3% over nearly 17 years, and VTI about 9.4% over 25 years, including the 2008 financial crisis. Although these funds hold major tech stocks, they are more diversified than the tech-heavy Nasdaq-100, and in the 2022 bear market they performed much better than that index.
- The massive risk hiding inside your S&P 500 index fund
In a Trader Talk interview, David Bahnsen (CIO, The Bahnsen Group) and Drew Pettit (Roundhill Investments) discuss the hidden dangers of top-heavy passive index funds. Bahnsen says his firm manages about $11 billion, roughly $6 billion of it in dividend growth equity, and he has updated his 2018 book making the case for the strategy. He argues dividend growth works both for withdrawals and for accumulation, though its large-cap names are often seen as boring rather than exciting. Pettit's Roundhill runs thematic strategies, which he describes as satellites around a core allocation.
- GPIX Out-Yielded JEPI and Returned 17.37% to Its 9.33%. JEPI Is Still 9.5 Times Bigger
The Goldman Sachs S&P 500 Premium Income ETF (GPIX) returned about 17% with distributions reinvested from October 16, 2025 to October 16, 2026, nearly double the roughly 9% of the JPMorgan Equity Premium Income ETF (JEPI), even though their yields were close (8.3% vs 8%). The gap comes from structure: GPIX owns the S&P 500 at full index weight and writes calls on only part of its holdings, so it captures much of the rally, and it holds 6.5% in Apple versus 1.5% in JEPI. JEPI holds a lower-volatility basket of large caps and earns option income through equity-linked notes issued by several banks, which caps its upside and adds counterparty risk. JEPI is still much larger, with $45 billion in net assets versus GPIX's $4.7 billion as of its June 30, 2026 filing. Option premiums and monthly payouts for both funds vary with volatility, so neither yield is guaranteed.
Related markets
Latest news
- Sweden's Government Offices Block ChatGPT and Claude, Keep Microsoft Copilot
Sweden’s Government Offices will block ChatGPT and Claude on staff computers from October 26, making Microsoft Copilot the only approved AI tool after a dedicated security review, according to Sveriges Radio. Director of digitalisation Mikael Wettercrantz said using AI services without a formal contract can have consequences for information security, citing several problematic uses involving sensitive information. Sweden’s Tax Agency and the National Board of Institutional Care have already imposed similar bans, and the Enforcement Authority is preparing its own decision. Some employees can still reach ChatGPT and Claude through an internal AI platform, though the scope and restrictions have not been disclosed. The article notes that Microsoft added Claude models to Copilot in early 2026, and the government has not confirmed whether that option is switched on in its Copilot instance.
- Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Bitcoin treasury companies Strategy (MSTR) and Strive (ASST) must balance funding bitcoin purchases with paying dividends on their perpetual preferred stock, their main fundraising tool, according to Fidelity Digital Assets and analysts. Fidelity says preferred stocks have financed purchases of about 136,000 bitcoin in the 20 months since launch, and estimates the bitcoin-focused preferred market at roughly $12 billion. Bitwise expects ETFs to remain the larger demand source over the long run, while preferreds attract yield investors that ETFs have not reached. As the number of shares grows, dividend payments rise; CoinShares' James Butterfill noted that when preferreds trade below par, new issuance becomes less attractive and companies may favor buybacks over bitcoin purchases. Strategy spent $193 million repurchasing STRC in its latest weekly update and raised its preferred-stock repurchase authorization to $3 billion.
- PC Sales Just Crashed 21% as AI Eats the World’s Memory Chips
Counterpoint Research reported that global PC shipments fell 21% year over year in the third quarter to 57 million units, as higher memory and other component costs pushed up PC prices and constrained demand. Gartner counted 55.4 million units, down 22.4%, and IDC 62.7 million, down 20.1%, while Counterpoint expects a 27% decline in the fourth quarter. HP's shipments fell 31% to 10.3 million, the steepest drop among the major makers, with Dell down 25% to 7.6 million and Lenovo down 23% to 15.0 million. The trackers attribute part of the drop to AI server demand, which TrendForce said would push Q4 conventional DRAM contract prices up 10% to 15% and NAND flash up 15% to 20%, and to a year-ago base inflated by Windows 10 pre-buying and tariff stocking. Counterpoint warned that stabilization should not be mistaken for recovery, and HP's next report is estimated for November 24, 2026, though the company has not confirmed the date.
- American embassies tighten security as Iran threat warnings intensify ahead of U.S. midterm elections
New reports said Iran is in the “advanced stages” of planning attacks against Americans, and a memo from Director of National Intelligence Jay Clayton, reported by The New York Times, said Iran has “substantially increased efforts to target U.S. personnel” in the region, with the threats also applying to “certain other countries.” The warnings come as the U.S. ordered non-emergency government employees to leave Saudi Arabia, amid worsening attacks by the Iran-backed Houthis and a broader U.S.-Iran war nearing its eighth month. The Saudi-led coalition said it destroyed two ballistic missiles fired by the Houthis toward Taif and Yanbu on Saturday. The Trump administration has vowed to delay military strikes on Iran until after the Nov. 3 midterm elections, where inflation and affordability are voters’ top concerns. Oil prices soared, with Brent crude futures topping $116 a barrel, a six-month high, and U.S. West Texas Intermediate rising 3.8% to settle above $103 a barrel.
- Microsoft’s $50 Billion Gamble: Can Microsoft’s Azure Growth Justify Its Exploding AI Budget?
Microsoft reports fiscal first-quarter results on Wednesday, October 28, after the close, and the article says the report will show whether Azure growth can keep pace with its AI spending. In the last quarter of fiscal 2026, revenue reached $90.01 billion, up 17.8%, while Azure grew 43% and passed $100 billion in annual revenue for the first time; commercial RPO rose 84% to $678 billion. Costs rose just as fast: quarterly capex hit $41 billion, and free cash flow fell 23.19% to $19.6 billion. Management guided first-quarter capex above $50 billion including lease reclassification, and expects Azure growth of about 45% in constant currency. The article also highlights Microsoft 365 Copilot passing 30 million paid seats and RPO rising 25% excluding OpenAI.
- The $500 Billion Question: Can Google Cloud’s Massive AI Backlog Outrun Its Mind-Boggling CapEx Boom on Oct. 28?
Alphabet (GOOGL, GOOG) reports third-quarter results after the close on Wednesday, October 28. Google Cloud’s backlog stands at $514 billion, and its 2026 CapEx guidance is $195–205 billion. Last quarter, Google Cloud revenue rose 82% to $24.77 billion and its operating margin widened to 35.6% from 20.7%, but CapEx rose 100% to $44.92 billion and free cash flow was negative $5.86 billion, the first time ever. To fund the spending, Alphabet raised about $70 billion in equity and debt and suspended buybacks. The article says the key question is how quickly the backlog turns into revenue and cash as CapEx keeps rising.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.