iShares Expanded Tech Sector ETF (IGM)
| Assets | $5.50B |
| Expense Ratio | 0.41% |
| PE Ratio | 8.20 |
| Shares Out | 56.35M |
| Dividend (ttm) | $0.31 |
| Dividend Yield | 0.32% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 2.60% |
| 1-Year Return | +55.47% |
| Volume | 157,757 |
| Open | 97.82 |
| Previous Close | 98.02 |
| Day's Range | 97.44 - 98.41 |
| 52-Week Low | 60.65 |
| 52-Week High | 99.52 |
| Beta | 1.18 |
| Holdings | 283 |
| Inception Date | Mar 13, 2001 |
About IGM
Fund Home PageThe iShares Expanded Tech Sector ETF (IGM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of US and Canadian technology companies. IGM was launched on Mar 13, 2001 and is issued by BlackRock.
Top 10 Holdings
53.94% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.11% |
| Meta Platforms, Inc. | META | 8.78% |
| Apple Inc. | AAPL | 8.32% |
| Microsoft Corporation | MSFT | 7.79% |
| Alphabet Inc. | GOOGL | 4.68% |
| Broadcom Inc. | AVGO | 4.55% |
| Alphabet Inc. | GOOG | 3.87% |
| Netflix, Inc. | NFLX | 2.39% |
| Salesforce, Inc. | CRM | 2.24% |
| Oracle Corporation | ORCL | 2.22% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.09458 | Sep 30, 2024 |
| Jun 11, 2024 | $0.04047 | Jun 17, 2024 |
| Mar 21, 2024 | $0.03803 | Mar 27, 2024 |
| Dec 20, 2023 | $0.1393 | Dec 27, 2023 |
| Sep 26, 2023 | $0.0652 | Oct 2, 2023 |
| Jun 7, 2023 | $0.0328 | Jun 13, 2023 |
News
IGM: A Solid Tech ETF To Capitalize On Bull Run
I initiate coverage of IGM with a buy rating due to strong fundamentals, earnings growth, and economic recovery, despite high valuations. The Fed's rate cut and economic recovery boost optimism, with ...
IGM: Expensive Valuation, But Some Subsectors Are Still Inexpensive
IGM has outperformed the market since October 2022, benefiting from strong earnings growth rates in the technology sector. The fund's valuation is very expensive, with subsectors like application soft...
Chip Stocks Have Trounced Software. Why Not Own Both?
Enthusiasm for AI has been a huge force behind the rise in semiconductor stocks.
IGM: Broader And Better
The stock market has finally dipped after a strong rally, providing a buying opportunity. The iShares Expanded Tech Sector ETF is an interesting fund and a potentially good way to buy the dip. IGM is ...
IGM: Expanded Tech Margins In Focus, Price Action Is Stretched
Goldman Sachs forecasts rising margins for the Information Technology and Communication Services sectors, potentially driving the S&P 500 higher in 2024. The iShares Expanded Tech Sector ETF faces con...
ETF issuers defied investor expectations by raising fees in 2023. They may have to keep doing it.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. After a decade of seemingly never-ending fee-cutting wars, ETF issuers raised their fees in 2023 as the landscape evo...
IGM: The Real (And Magnificent) Technology ETF
iShares Expanded Tech Sector ETF provides access to technology stocks, including the Magnificent 7, at a relatively cheap price. The GICS reclassification in 2018 broadened the Communication Services ...
IGM: Rich Valuation Means Downside Risk Is High In The Near Term
Technology stocks have performed well in 2023, but there may be more volatility ahead. The iShares Expanded Tech Sector ETF has had a strong rally in 2023, but its valuation is high. The Federal Reser...
IGM: Perfectly Capitalizes On Big Tech Rally
I rate IGM a Buy. The fund primarily invests in Big Tech and mid-cap tech stocks, making it an attractive investment option. Despite higher expenses and lower returns compared to QQQ, IGM has shown co...
IGM: Surprise! The Tech Sector Is Outperforming And Cash-Rich
Higher interest rates and worries about banking system stability and a recession have rocked the market and caused the energy and financial Sectors to sell off. Surprisingly enough to some investors, ...
IGM: A FAANG-Filled Equity ETF For Those Still Bullish On The U.S. Tech Industry
IGM gives FAANG investors a lot to like. Many of the most popular big-name tech, communications, and consumer stocks live there. IGM is managed by Blackrock's iShares unit, which handles some of the l...
IGM Financial Inc. (IGIFF) Q3 2022 Earnings Call Transcript
IGM Financial Inc. (OTCPK:IGIFF) Q3 2022 Earnings Conference Call November 4, 2022 8:00 AM ET Company Participants Kyle Martens – Treasurer and Head of Investor Relations James O'Sullivan – President ...
IGM Goes Deeper Into The Tech Bucket Where Consumer Risks Are Higher
IGM is named well: it contains tech exposures, just more of them, with more weighting towards smaller names. The IVW goes less deep, and is more exposed to tech big cap stocks which have more enterpri...
IGM Financial Inc. (IGIFF) CEO James O'Sullivan on Q2 2022 Results - Earnings Call Transcript
IGM Financial Inc. (OTCPK:IGIFF) Q2 2022 Earnings Conference Call August 5, 2022 8:00 AM ET Company Participants Kyle Martens – Treasurer and Head-Investor Relations James O'Sullivan – President and C...
IGM: Grossly Overvalued Growth Equity Mix Poses Risk
IGM is a passively managed fund overseeing a portfolio of ~$3.4 billion disproportionately spread between 351 equity holdings. Its investment mandate is to track the S&P North American Expanded Techno...
Richard Saperstein's 2022 sector pick is large-cap technology
Richard Saperstein, Treasury Partners managing director, joins the 'Halftime Report' to discuss why his top sector pick for 2022 is focused on large-cap tech.
IGM: This Tech ETF With The Stocks VGT And XLK Leave Out Indulges In Clumsy Stock Picking
Tech ETFs that only hold stocks that GICS labels "Information Technology" omit Amazon, Google, Facebook and many more stocks people think of as Tech. IGM attempts to supply an alternative by using a c...
Best FANG Stocks ETFs for Q1 2021
The best FANG stocks ETFs for Q1 2021 are XNTK, QQQ, and IGM.
IGM: A FAANG Dominated ETF For Those Ready To Own Big-Tech
IGM: A FAANG Dominated ETF For Those Ready To Own Big-Tech
FANG ETFs lose ground as investors rotate away from tech
Exchange-traded funds with exposure to technology heavyweights slumped midday Tuesday as those stocks faltered.
Analysts Expect The iShares Expanded Tech Sector ETF Will Reach $253
For the iShares Expanded Tech Sector ETF (IGM), we found that the implied analyst target price for the ETF based upon its underlying holdings is $252.94 per unit.
The Math Shows The iShares Expanded Tech Sector ETF Can Go To $247
For the iShares Expanded Tech Sector ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $247.23 per unit.
Loup Ventures tracking the 'next wave' of innovation in new ETF
Gene Munster, Loup Ventures managing partner, discusses his firm's new fund, the Loup Frontier Tech ETF, that tracks innovation by technology companies with a focus on small-caps.