--- title: "Weekly Recap | IGV.US +2.79%, cybersecurity names lead" type: "News" locale: "en" url: "https://longbridge.com/en/news/299518000.md" description: "IGV.US rose 2.79% this week to close at $104.35, while the S&P 500 slipped 0.08%, leaving the ETF about 2.87 percentage points ahead. The week opened with a push higher: Monday (Sept 14) hit a session high of $107.035 and ended at $106.64. Tuesday (Sept 15) eased to $105.55, and Wednesday (Sept 16) and Thursday (Sept 17) traded between roughly $104 and $106. Friday (Sept 18) opened higher but faded to close at $104.35. The week’s amplitude was 3." datetime: "2026-09-19T07:31:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299518000.md) - [en](https://longbridge.com/en/news/299518000.md) - [zh-HK](https://longbridge.com/zh-HK/news/299518000.md) generator: "portal-rs" --- # Weekly Recap | IGV.US +2.79%, cybersecurity names lead ## The Week IGV.US rose 2.79% this week to close at $104.35, while the S&P 500 slipped 0.08%, leaving the ETF about 2.87 percentage points ahead. The week opened with a push higher: Monday (Sept 14) hit a session high of $107.035 and ended at $106.64. Tuesday (Sept 15) eased to $105.55, and Wednesday (Sept 16) and Thursday (Sept 17) traded between roughly $104 and $106. Friday (Sept 18) opened higher but faded to close at $104.35. The week’s amplitude was 3.91%, with both the high and low printed on Monday, suggesting the upside momentum was front-loaded and the back half of the week was mostly consolidation. ## Sector News The software complex was dominated by AI and cybersecurity narratives this week. Cybersecurity names led the charge: CrowdStrike surged 14.67% on an AI security product launch and new partnerships, Fortinet added 8.82% to close in on record highs, and Palo Alto Networks gained 9.96%. AI names were more mixed. Palantir made headlines over data concerns that curb AI model use, while UBS called it the ‘best AI enabler’ and debate picked up around its AI infrastructure outlook. Salesforce unveiled AIforce to bring CRM workflows into Claude, Slack and other AI interfaces, yet the stock fell 3.96% on the week. Intuit held its investor day and reiterated its AI-led growth reset, but shares dropped 5.72%; Morgan Stanley and TD Cowen maintained hold ratings, while RBC Capital and Jefferies stayed at outperform or buy. Oracle drew attention for a $40 billion financing plan and pressure on its data-centre debt. The takeaway: leadership within the software ETF rotated toward cybersecurity, while AI applications and large-cap software names were more uneven. ## The Week Ahead On the macro front, several US data points land next week: Richmond Fed composite index on Tuesday (Sept 22), followed by initial jobless claims, current account balance and new home sales on Thursday (Sept 24). The AI and cybersecurity themes from this week could carry over, with Palantir, Oracle and Intuit likely remaining in focus over AI capex and data-centre financing updates. The S&P 100 index change is also worth watching: Sandisk joins on Monday, the same day Nike leaves, which may trigger some index fund rebalancing flows. ## In Short IGV.US outperformed the S&P 500 by about 2.87 percentage points this week, rallying early before consolidating into a $104.35 close, still above its 60-day moving average. The range high of $110.57 is the next level in focus. Sector internals were split: cybersecurity led while AI applications and some large-cap software names pulled back, pointing to rotation within software rather than broad buying. On valuation, IGV.US trades around 0.31x book; the latest daily flow snapshot shows large-lot money tilting toward net selling, though that is a single-day read, not a weekly trend. The path forward hinges on whether the cybersecurity rally holds and how AI software names respond to macro data and company updates. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [IGV.US](https://longbridge.com/en/quote/IGV.US.md) ## Related News & Research - [GE Vernova Stock Is Taking a Hit – What's Driving the Selloff and What Wall Street Sees Next](https://longbridge.com/en/news/302747785.md) - [Sundar Pichai Is Using AI Agents to Track Google 24/7: 'Made All of Us... Be Better at What We Do'](https://longbridge.com/en/news/302692514.md) - [Indian firm eMudhra exits global digital certificates business after vulnerability disclosure](https://longbridge.com/en/news/302716457.md) - [Nokia Q3 profit rises 95% to EUR 156 million](https://longbridge.com/en/news/302649426.md) - [IBM CEO says open weight models are now irresistibly good and cheap on-prem](https://longbridge.com/en/news/302646041.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**