IGM is trading at $166.04, up 1.54%, after investors responded positively to softer-than-expected U.S. wholesale inflation on August 13, 2026.
- July PPI rose 4.7% year over year, below the 4.9% expectation; falling oil prices improved risk appetite.
- The S&P 500 is up 0.84% and Nasdaq up 1.09%, supporting technology-sector ETFs such as IGM.
- No clear IGM-specific announcement was identified; the move appears primarily macro-driven. IGM closed at $163.53 on August 12.