Stocks to Watch: IGM Financial Inc. (TSX:IGM) Up +1.09%

At close of market on Tuesday, IGM Financial Inc. (TSX:IGM) stock finished trading at +1.09%, bringing the stock price to $38.17 on the Toronto Stock Exchange. The stock price saw a low of $37.61 and a high of $38.36.

The company’s stock was traded 1,792 times with a total of 290,156 shares traded.

IGM Financial Inc. has a market cap of $9.19 billion, with 240.76 million shares in issue.

IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which includes Great West Life, London Life, Canada Life, and Putnam Investments. IGM has two main operating divisions–Investors Group and Mackenzie Financial–that provide investment management products and services. It also has a third arm–Investment Planning Counsel–that provides products and support to independent financial planners. IGM Financial had CAD 154.3 billion in assets under management and advisement at the end of January 2019.

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