Home / Business and Economy / ETFs Pour Billions into Apple Stock
ETFs Pour Billions into Apple Stock
30 Oct
Summary
- ETFs bought $728.2 million of Apple stock on Wednesday.
- The buying trend follows recent net inflows after Monday's selling.
- QQQ, TECL, and SPY were the largest ETF buyers by dollar value.
On Wednesday, October 28, 2026, Exchange Traded Funds (ETFs) purchased $728.2 million worth of Apple (AAPL) stock. This buying spree marked a continuation of recent net inflows, contrasting with a $389.1 million net selling on Monday, October 26, 2026. The momentum saw 51 funds adding shares while only 12 reduced their holdings.
The leading ETF buyers by dollar value were Invesco QQQ with $334.9 million, Direxion Daily Technology Bull 3X Shares (TECL) with $188.0 million, and SPDR S&P 500 ETF Trust (SPY) with $101.6 million. These significant additions underscore a positive trend over the past five trading sessions, with ETFs being net buyers on four of those days.
Apple, a titan in the technology sector with a market capitalization of $5.09 trillion, designs, manufactures, and markets a wide array of consumer electronics and related services. Its recent financial performance shows a trailing-12-month revenue of $466.82 billion, with a gross margin of 48.6% and a net margin of 27.6%. Investors are closely watching to see if this two-day net buying streak persists.