IGM - iShares North American Tech ETF
| Assets | $3.37B |
| NAV | $390.13 |
| Expense Ratio | 0.46% |
| PE Ratio | 39.59 |
| Beta (5Y) | 1.08 |
| Dividend (ttm) | $0.78 |
| Dividend Yield | 0.20% |
| Ex-Dividend Date | Jun 10, 2021 |
| 1-Year Return | - |
| Trading Day | June 16 |
| Last Price | $388.57 |
| Previous Close | $390.36 |
| Change ($) | -1.79 |
| Change (%) | -0.46% |
| Day's Open | 391.00 |
| Day's Range | 384.91 - 391.75 |
| Day's Volume | 32,927 |
| 52-Week Range | 267.04 - 392.89 |
Fund Description
The investment seeks to track the investment results of an index composed of North American equities in the technology sector and select North American equities from communication services and consumer discretionary sectors. The fund invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. The index measures the performance of U.S.-traded stocks from the technology sector and select technology-related companies from the communication services and consumer discretionary sectors in the U.S. and Canada. The fund is non-diversified.
| Asset Class Equity | Sector Technology |
| Region North America | Inception Date Mar 13, 2001 |
| Exchange NYSEARCA | Ticker Symbol IGM |
| Index Tracked S&P North American Technology Sector Index | |
Top 10 Holdings
51.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft | MSFT | 8.60% |
| Amazon | AMZN | 8.58% |
| Apple | AAPL | 8.39% |
| FB | 5.81% | |
| Alphabet | GOOGL | 4.64% |
| Alphabet | GOOG | 4.62% |
| NVIDIA | NVDA | 3.16% |
| Visa, Inc | V | 2.83% |
| Mastercard | MA | 2.31% |
| PayPal | PYPL | 2.28% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 10, 2021 | $0.143 | Jun 16, 2021 |
| Mar 25, 2021 | $0.214 | Mar 31, 2021 |
| Dec 14, 2020 | $0.173 | Dec 18, 2020 |
| Sep 23, 2020 | $0.2554 | Sep 29, 2020 |
| Jun 15, 2020 | $0.2874 | Jun 19, 2020 |
| Mar 25, 2020 | $0.4078 | Mar 31, 2020 |
Total Q1 earnings from the group of five companies are expected to be up 43.5% on revenue growth of 31.4%. This reflects a solid improvement from the Q4 earnings growth of 41.2% and revenue growth of 29%.
The smooth trend is likely to continue with most of the companies likely to beat earnings estimates when they report this week and the next.
The best FANG stocks ETFs for Q1 2021 are XNTK, QQQ, and IGM.
Investors could ride out the surging PC market with these technology ETFs.
The personal computer (PC) sales witnessed the strongest growth in a decade during the third quarter buoyed by strong demand from consumers working and studying remotely.
With the pandemic continuing to rage and a vaccine perhaps months away, the beaten-down technology ETFs seem attractive.
The best FANG stocks ETFs for Q4 2020 are XNTK, QQQ, and IGM.
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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.
Better-than-expected earnings releases could bring back the shine of the FAANG stocks.
These tech ETFs survived the latest threat from the worsening U.S.-China trade relation and lost considerably less amid the market bloodbath.
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.
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Given the expected strong earnings for the FAANG stocks, investors may want to play these stocks with the help of ETFs.
This technology ETF has hit a new 52-week high. Are more gains in store?
Given the expected strong earnings, investors may want to invest in FAANG stocks with the help of ETFs.
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.