From Nasdaq: 2024-06-24 11:49:14

The iShares Expanded Tech Sector ETF (IGM) saw a $338.7 million inflow, increasing outstanding units by 6.9% week over week. Top components include Cisco Systems Inc (CSCO) up 0.8%, Micron Technology Inc. (MU) up 1.1%, and Analog Devices Inc (ADI) down 0.3%. Check out the complete list of holdings on the IGM Holdings page.

IGM’s one-year price performance chart shows a low of $60.69 per share and a high of $95.97. The last trade was at $93.49. Monitoring the share price against the 200 day moving average is a useful technical analysis technique.
Exchange traded funds (ETFs) trade units, not shares, like stocks. Weekly monitoring of changes in shares outstanding data reveals notable inflows and outflows in ETFs. Large flows impact the individual components within ETFs as new units require purchasing underlying holdings, while destroyed units involve selling holdings.

Find out which other ETFs had notable inflows and check out IMPX shares outstanding history, HUNT insider buying, and EJ videos. The views expressed are of the author and do not necessarily reflect those of Nasdaq, Inc.



Read more at Nasdaq: IGM, CSCO, MU, ADI: ETF Inflow Alert