Forty-eight ETFs bought Meta Platforms (META) on Friday against 25 selling, for net buying of $140.6 million, reversing a $116.9 million net outflow on Thursday. Over the prior five sessions, flows swung between gains and losses, including $361.1 million in net buying in one session and $122.8 million in net selling in another. SPY led with $106.6 million, adding 173,400 shares for a 0.64% stake increase, followed by IVV ($30.7 million) and ULTY ($12.2 million). Meta, a Communication Services company with a $1.55 trillion market cap, earns substantially all its revenue from advertising across Facebook, Instagram, WhatsApp, Messenger and Threads; trailing-12-month revenue was $241.61 billion, up 28.3%, and the stock is down 7.85% year to date.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 11/02/2026 | 606.73 |
| Change that session | -1.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- ETFs Are Net Sellers of Meta Platforms (META) on Thursday
On Thursday, ETFs pulled a net $116.9 million out of Meta Platforms (META), with 27 ETFs selling versus 45 buying, though the buyers moved smaller amounts. The selling reversed net buying of $361.1 million on Oct. 28 and $70.4 million on Oct. 27. The largest sellers were QQQ ($66.7 million), SPY ($42.2 million) and QLD ($12.9 million), with QQQ cutting its stake by 0.47% to 22,427,038 shares. Over the last five reported days, ETFs were net buyers on three and net sellers on two. Meta, whose Family of Apps includes Facebook, Instagram, WhatsApp, Messenger and Threads, generates substantially all its revenue from advertising, with trailing-12-month revenue of $241.61 billion, up 28.3%; its shares are down 6.59% year to date.
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