🟢 SPMO is trading 2.1% up today as AI demand and earnings beats lift key sectors

SPMO is trading 2.1% up today as AI-driven semiconductor demand and major earnings beats from Caterpillar and Eli Lilly propel the fund's core sectors.

• The ETF's 46.9% information technology weighting is buoyed by Alphabet's 5.8% rally and a 13% YoY surge in semiconductor wafer shipments linked to AI demand.
• Industrials and healthcare holdings add significant lift following 10% gains in both CAT and LLY after strong earnings reports.
• The move comes amid a broader market rally, with the S&P 500 and NASDAQ gaining 0.87% and 0.88% respectively, overcoming localized weakness in Meta.