Broadcom (AVGO) Sees $89.8 Million in Net ETF Buying on Oct. 21

This article first appeared on GuruFocus.

Forty-six ETFs were buying Broadcom (AVGO) shares versus 20 selling on Wednesday, Oct. 21, for net ETF buying of $89.8 million. The buying extended a four-day streak in which the stock drew net inflows each session. That run included $162.8 million on Oct. 20 and $248.7 million on Oct. 19, after net selling of $147.5 million on Oct. 15. ETF activity has stayed tilted toward buyers through the stretch.

See all ETF and guru trades in AVGO on its AVGO guru trades page.

Which ETFs bought AVGO on Wednesday?

The largest buyers by dollar value were SOXX ($94.5 million), DUHP ($14.0 million) and QQQM ($5.9 million). In all, 46 ETFs added shares and 20 cut them.

SOXX drove the move, adding 279,633 shares worth $94.5 million, a 2.87% increase in its stake and a 7.26% portfolio weight. DUHP added 41,587 shares for $14.0 million, while QQQM added 17,380 shares for…