SPMO is trading at $140.09 (+1.6%) in after-hours as Intel's 13% surge on Apple chip manufacturing reports lifts the momentum-heavy ETF.

  • Intel's rally significantly impacted the fund due to its ~10% weighting, while other semiconductor gains including MU (+11%) and AMD (+2%) provided additional after-hours tailwinds.
  • The move aligns with broad market strength, with the S&P 500 and Nasdaq gaining 1.22% and 1.34% respectively following cooling JOLTS data and renewed Fed rate cut expectations.