The Unprecedented Activity of IGM ETF
Today, the iShares Expanded Tech Sector ETF – IGM – is capturing the attention of traders as it experiences an extraordinary surge in trading volumes. Over 93,000 shares have exchanged hands this afternoon, a stark contrast to its three-month average volume of approximately 27,000 shares. Notably, IGM shares have risen by around 1.3% during the trading session.
High-Volume Components
Among the components of the ETF, prominent players like Alphabet and Nvidia are leading the pack. Alphabet, for instance, is trading up by an impressive 6%, with over 40.4 million shares traded thus far. On the other hand, Nvidia is up by 0.5%, boasting a hefty trading volume of over 34.1 million shares. Hashicorp is painting a picture of success today, witnessing a remarkable 7.2% surge in value. Conversely, Microstrategy is struggling, trailing behind other components of the iShares Expanded Tech Sector ETF with a decline of about 9.3%.