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At the end of last week, 75% of S&P 500 Technology stocks closed above their 200-DMAs for the first time in 219 trading days. Even after its recent improvement, Technology is hardly exceptional compared with the rest of the market.
The iShares Expanded Tech Sector ETF offers broad tech exposure at a lower forward P/E (20.3x) than XLK, with strong forward EPS growth (29.5%). IGM's diversified holdings include communications, consumer discretionary, and non-S&P 500 North American firms, lowering its valuation versus traditional tech ETFs. GICS keeps Alphabet, Meta and Netflix out of XLK. IGM's "expanded" mandate holds them, plus gaming and social media names, and that is what pulls its valuation down.
IGM Financial TSE: IGM reported second-quarter adjusted earnings per share of C$1.41, up 32% from a year earlier, as higher average assets under management and administration, positive net flows and investment returns supported broad-based growth across its wealth and asset-management operations.
IGM Financial Inc. (IGM:CA) Q2 2026 Earnings Call Transcript
Cetera Investment Advisers decreased its position in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 21.9% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 151,371 shares of the exchange traded fund's stock after selling 42,446 shares during the quarter.
Assetmark Inc. boosted its stake in shares of iShares Expanded Tech Sector ETF (NYSEARCA:IGM) by 16.9% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,203 shares of the exchange traded fund's stock after buying an additional 17,786 shares
Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the iShares Expanded Tech Sector ETF (IGM), a passively managed exchange traded fund launched on March 13, 2001.
Apple's $30B Broadcom chip deal highlights tech ETFs with exposure to both companies as investors seek diversified AI-related opportunities.