ETFs Are Buying Costco (COST) on Monday

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This article first appeared on GuruFocus. Invesco QQQ (QQQ) led ETF activity on Monday, adding $81.5 million of Costco Wholesale (COST) as ETFs overall bought a net $110.6 million of the stock. Thirty-eight ETFs were buyers against 27 sellers, while 145 held steady. The buying extended a two-day streak, following net purchases of $31.6 million on Oct. 30, after net selling of $75.6 million on Oct. 29. Earlier in the stretch, ETFs bought $94.1 million on Oct. 28 and $25.3 million on Oct. 27. Warning! GuruFocus has detected 3 Warning Sign with PLTR. Is COST 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.