SPMO is trading 2.3% higher as information technology, its largest sector weight, rebounds from the prior session’s selloff.

  • Tech stocks fell sharply on July 13, 2026, amid profit-taking in semiconductors and risk-off sentiment tied to Middle East tensions.
  • Sector ETFs are catching a relief bid as major indices rise in early trading and investors reassess the previous session's decline.
  • The momentum-focused fund is lifting alongside broader risk assets as market sentiment stabilizes.