News · Yahoo Finance

Walmart (WMT) Sees $152.6 Million in Net ETF Buying on Monday

Invesco QQQ (QQQ) led ETF activity on Monday, Nov. 2, adding $109.6 million of Walmart stock. In total, ETFs bought $152.6 million of the retailer's shares, with 38 funds buying and 24 selling. The buying extended a two-day streak in the same direction, following net flows of $63.4 million on Oct. 30 and net selling of $71.8 million on Oct. 29. SPY ($34.2 million) and IVV ($14.9 million) were also among the largest buyers. The article puts Walmart's market cap at $990.6 billion, with a P/E of 45.24, and notes a GF Value of $104.60 against a price of $124.86.

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