Unusual Volume Alert: IGM ETF on Thursday

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The iShares Expanded Tech Sector ETF (IGM) experienced a significant surge in trading volume on Thursday, with over 5.2 million shares traded compared to the three-month average of approximately 470,000 shares. As of the same day, IGM shares were down by about 0.4%.

Key components driving this activity included Terawulf, whose shares rose by 37.3% with over 189.9 million shares exchanged, and Nvidia, which saw a slight decline of 0.1% on a volume exceeding 78 million shares. Coherent was notably lagging, down by about 23.5%.

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