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ETFs Are Net Sellers of Cisco (CSCO) on Oct. 29

On Thursday, 48 ETFs bought Cisco Systems (CSCO) shares versus 25 selling, but the sellers moved larger amounts, leaving net ETF selling of $103.3 million after net purchases of $142.7 million on Oct. 28 and $12.9 million on Oct. 27. The largest sellers were QQQ ($42.4 million), IYZ ($26.4 million) and TECL ($24.5 million), with QQQ cutting 390,592 shares. Over the last five reported days, ETFs were net buyers on three and net sellers on two. Cisco, the world's largest supplier of computer networking equipment, reported trailing-12-month revenue of $63.33 billion, up 12.1%, and a 20.9% net margin. Its GF Score is 88, the $104.51 price sits above the $75.92 GF Value, and the shares are up 38.19% year to date.

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