ETFs Are Net Sellers of Amazon (AMZN) on Nov. 5

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This article first appeared on GuruFocus. 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. Warning! GuruFocus has detected 5 Warning Signs with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator.AMZN GF Value chart Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.