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SPMO, JNJ, LRCX, XOM: Large Inflows Detected at ETF

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ETF Channel data shows Invesco S&P 500 Momentum ETF (SPMO) recorded an approximate $348.9M inflow, up about 1.7% week-over-week. The flow suggests modest positive momentum in investor positioning toward SPMO, but it is unlikely to be market-moving.

Analysis

ETF Channel data shows Invesco S&P 500 Momentum ETF (SPMO) recorded an approximate $348.9M inflow, up about 1.7% week-over-week. The flow suggests modest positive momentum in investor positioning toward SPMO, but it is unlikely to be market-moving.

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