ETFs Bought $72.5 Million of Microchip (MCHP) on Friday

This article first appeared on GuruFocus. Thirty-seven ETFs were buying Microchip Technology (MCHP) shares versus 18 selling on Friday, Oct. 30, for net ETF buying of $72.5 million. ETF activity reversed the prior two sessions, when net flows were -$7.2 million on Oct. 29 and -$5.1 million on Oct. 28. Before that, funds were net buyers of $8.8 million on Oct. 27 and $9.1 million on Oct. 26. The buying streak now stands at one day. Warning! GuruFocus has detected 6 Warning Signs with MCHP. Is MCHP fairly valued? Test your thesis with our free DCF calculator. Track the latest ETF buying and selling trends and search funds in the GuruFocus ETF Screener. Every ETF and guru trade in MCHP is tracked on the MCHP guru trades page.