ETFs net bought $183.8 million of Broadcom (AVGO) on Friday, reversing a $164.2 million net outflow on Thursday. 48 ETFs added shares while 30 reduced them. Net buying was also recorded on Oct. 28 ($169.2 million), Oct. 27 ($62.1 million) and Oct. 26 ($11.2 million), and ETF activity has been net positive in four of the past five sessions. The largest buyers were SPY ($122.0 million), SOXX ($76.9 million) and IVV ($35.1 million). Broadcom's market cap is $1.54 trillion, with trailing-12-month revenue of $89.10 billion, up 47.3%, and the stock is down 6.38% year to date.
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