ETFs Bought $259.9 Million of Amazon (AMZN) on Tuesday

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This article first appeared on GuruFocus. In Tuesday's session, 47 ETFs were buying Amazon (AMZN) shares versus 18 selling, producing a net inflow of $259.9 million. ETF activity has now run in the same direction for 3 straight days. The buying followed net inflows of $412.9 million on Nov. 9 and $168.6 million on Nov. 6, after a net outflow of $163.4 million on Nov. 5. The stock closed at $266.17. Warning! GuruFocus has detected 6 Warning Signs with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator. For the full record of ETF and guru buying and selling in AMZN, see the AMZN guru trades page. Which ETFs bought AMZN on Tuesday? The largest buyers by dollar value were QQQ ($150.6 million), SPY ($80.3 million) and QQQM ($11.