Optionheimer
$SPMO The Invesco S&P 500 Momentum ETF (SPMO) underwent its semi-annual rebalance following the market close on September 18, 2026, implementing roughly 54 substitutions affecting about 40% to 54% of the portfolio. Key Composition Changes - Apple Added: Apple (AAPL) entered the top holdings following robust momentum scores. Merck Added: Merck & Co (MRK) joined as a notable defensive/healthcare inclusion. Nvidia & Broadcom Exited: High-flying semiconductor giants like Nvidia (NVDA) and Broadcom (AVGO) rotated out of top tier weightings due to shifting relative strength or capping rules. Micron Weight Reset: Micron Technology (MU), which previously held an outsized ~10.7%–10.8% concentration, saw its weight reset closer to index constraints (~4.8%–4.9%). Sector Balance: Technology exposure remains steady at approximately 52%, though internal leadership shifted away from prior heavy semiconductor concentration.
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