ETFs Are Net Sellers of Amazon (AMZN) on Nov. 5 GuruFocus News Mon, November 9, 2026 at 6:03 AM EST 3 min read AMZN +3.10% QQQ +0.45% SPY +0.67% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
In Thursday's session, 55 ETFs were buying Amazon (AMZN) shares versus 19 selling, yet the funds that sold traded in larger amounts, leaving a net outflow of $115.1 million. More funds traded the other way but in smaller amounts. The selling broke a run of four consecutive days of net buying, including $495.4 million on Nov. 2 and $105.1 million on Nov. 4. ETF activity had added $226.2 million on Oct. 30 as well.
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The largest sellers by dollar value were QQQ ($102.3 million), SPY ($93.0 million) and XLY ($53.3 million). In all, 55 ETFs added shares and 19 cut them.
Invesco QQQ Trust (QQQ) accounted for the largest share of the selling, cutting 393,185 shares for a $102.3 million reduction, with its stake down 0.48% to 81,684,566 shares at a 4.87% weight. SPDR S&P 500 ETF (SPY) trimmed 357,336 shares worth $93.0 million, and Consumer Discretionary Select Sector SPDR (XLY) cut 204,760 shares for $53.3 million, a 1.03% stake reduction at a 22.65% weight. SPDR Dow Jones Industrial Average ETF (DIA) sold 124,614 shares worth $32.4 million, and SPDR Portfolio S&P 500 Growth ETF (SPYG) reduced its stake by 88,536 shares, or $23.0 million. Amazon sits in the Consumer Cyclical sector and Internet Retail industry with a market cap of $2.80 trillion.
Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.
Amazon.com serves consumers, sellers, developers, enterprises, content creators, and advertisers through three segments: North America, International, and Amazon Web Services. Its online and physical stores sell hundreds of millions of products directly and on behalf of third-party sellers, who pay fees and commissions; fulfillment is handled through Amazon's own logistics network.
Amazon reported trailing-12-month revenue of $797.46 billion, up 14.4% over one year, with gross margin of 51.4% and net margin of 17.0%. The stock trades at a P/E of 20.96, P/B of 4.57 and P/S of 3.54. Its GF Score is 94, and GF Value of $258.50 compares with a price of $259.30. The shares have returned 12.34% year to date.
For a closer look, open the AMZN stock summary, its GF Value chart and insider buying and selling.
Watch whether the single day of net selling extends into a streak, or whether the prior four-day buying trend resumes.
Based on ETF holdings changes reported for Nov. 5, 2026.
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