ETFs Are Net Sellers of Microsoft (MSFT) on Nov. 5

This article first appeared on GuruFocus.

Microsoft (MSFT) extended its same-direction streak to two days, with ETF flows on last Thursday coming in at $189.2 million in net selling. More funds traded the other way, however, with 60 ETFs buying versus 20 selling, but in smaller amounts. The prior day saw $78.1 million in net selling, following net buying of $89.0 million on Nov. 3 and $579.0 million on Nov. 2. ETF activity also included 197 funds holding their positions unchanged.

Every ETF and guru trade in MSFT is tracked on the MSFT guru trades page.

Which ETFs sold MSFT on Thursday?

The largest sellers by dollar value were QQQ ($145.1 million), SPY ($144.9 million) and SPYG ($67.7 million). In all, 60 ETFs added shares and 20 cut them.

QQQ led the move with a $145.1 million decline in value on a share change of -270,725, trimming its stake by 0.48% at a 6.9% weight. SPY followed with a…