What State Street Tech Select SPDR (XLK) Sold: Apple Leads on Nov. 9 GuruFocus News Wed, November 11, 2026 at 6:04 AM EST 3 min read AAPL -0.43% AMD +5.76% XLK +2.68% NVDA +3.91% MSFT +0.44% 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.
State Street Technology Select Sector SPDR ETF (XLK) was alone among the ETFs tracked in selling on Monday, Nov. 9, with no funds buying. XLK recorded $136.7 million in gross ETF activity, all of it on the sell side, for a net outflow of $136.7 million against $114.21 billion in assets. The fund trimmed all 76 of its positions and increased none.
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Its largest sells by dollar value were AAPL ($22.3 million), NVDA ($18.9 million) and MSFT ($17.7 million).
Apple (AAPL) led the selling with 63,680 shares cut, a $22.3 million reduction that left the stock at 16.34% of the portfolio. Nvidia (NVDA) followed with 105,584 shares sold for $18.9 million, and Microsoft (MSFT) shed 32,400 shares worth $17.7 million. Broadcom (AVGO) and Advanced Micro Devices (AMD) each saw $6.6 million sold, with 20,752 and 12,896 shares cut respectively. No new positions were opened and no holdings were fully exited.
XLK is an equity sector information technology fund holding 76 stocks, with 65.1% of assets in its 10 largest holdings. All of its classified stocks sit in technology, and its market-cap mix is 100.0% large cap. It charges an expense ratio of 0.08%. Its top holdings are Apple at 16.34%, Nvidia at 13.8%, Microsoft at 12.92%, Broadcom at 4.85% and Advanced Micro Devices at 4.8%. The fund has a GF Score of 90, a P/E of 32.31, a P/B of 10.93, a dividend yield of 0.52% and a year-to-date return of 17.75%.
AAPL (16.34%), NVDA (13.80%), MSFT (12.92%), AVGO (4.85%), AMD (4.80%)
Holdings, performance and fees for XLK are on its fund summary page; the ETF Screener lines it up against its peers. For the stock behind its biggest sell, see AAPL's GF Value page and guru trades.
See which funds are buying and selling on GuruFocus ETF Trends, or find and compare funds with the ETF Screener.
With every position trimmed and no buys, watch whether XLK's next update shows further broad cuts or a return to adding to its largest technology names.
Based on holdings changes reported by State Street Technology Select Sector SPDR ETF (XLK) for Nov. 9, 2026, US-listed stocks only.
57 ETFs Add to NVIDIA (NASDAQ:NVDA) Holdings on Nov. 9
55 ETFs Add to Apple (NASDAQ:AAPL) Holdings on Nov. 9
Advanced Micro Devices (NASDAQ:AMD) Sees $709.2 Million in Net ETF Buying on Monday
53 ETFs Add to Broadcom (NASDAQ:AVGO) Holdings on Monday
ETFs Bought $602.5 Million of Microsoft (NASDAQ:MSFT) on Nov. 9
