This article first appeared on GuruFocus .
Invesco QQQ Trust ( QQQ ) led the ETF activity on Thursday, cutting $104.6 million of Micron Technology ( MU ) as ETFs were net sellers of $175.9 million. More funds traded the other way, with 52 ETFs buying versus 26 selling, but in smaller amounts. The move follows a $215.4 million net inflow on Oct. 28 and a $70.2 million net inflow on Oct. 27, and it marks one day in the current selling streak.
Every ETF and guru trade in MU is tracked on the MU guru trades page .
Which ETFs sold MU on Thursday?
The largest sellers by dollar value were QQQ ($104.6 million), TECL ($39.6 million) and SPY ($32.3 million). In all, 52 ETFs added shares and 26 cut them.
| ETF |
Shares changed |
Value |
Weight in ETF |
|---|---|---|---|
| -111,936 |
-$104.6M |
4.58% |
|
| -42,404 |
-$39.6M |
4.22% |
|
| -34,609 |
-$32.3M |
1.59% |
|
| -21,600 |
-$20.2M |
4.59% |
|
| -9,840 |
-$9.2M |
1.59% |
|
| -8,033 |
-$7.5M |
9.17% |
|
| -1,924 |
-$1.8M |
1.59% |
|
| -1,672 |
-$1.6M |
7.82% |
QQQ reduced its stake by 0.47% to 23,515,616 shares, while Direxion Daily Technology Bull 3X Shares ( TECL ) cut 19.04% of its position for $39.6 million and SPDR S&P 500 ETF Trust ( SPY ) trimmed 0.25% for $32.3 million. ProShares Ultra QQQ ( QLD ) sold $20.2 million and iShares Core S&P 500 ETF ( IVV ) sold $9.2 million. Micron Technology operates in the Technology sector's Semiconductors industry with a market cap of $1.00 trillion.
Have ETFs been buying or selling MU lately?
Over the last 5 reported days, ETFs were net buyers on 3 and net sellers on 2, so the recent trend is mostly buying.
| Date |
Net value |
Buying |
Selling |
|---|---|---|---|
| Oct. 29 |
-$175.9M |
52 |
26 |
| Oct. 28 |
$215.4M |
52 |
13 |
| Oct. 27 |
$70.2M |
51 |
11 |
| Oct. 26 |
-$112.1M |
42 |
22 |
| Oct. 23 |
$104.1M |
38 |
22 |
What does MU do?
Micron Technology is an industry leader in memory and storage semiconductors, delivering DRAM, NAND, and NOR products under the Micron and Crucial brands.
Micron Technology reported trailing-12-month revenue of $133.19 billion, up 250.7% over one year, with gross margin of 80.7% and net margin of 63.8%. Its P/E is 11.92, P/B 7.23 and P/S 7.6, alongside a market cap of $1.00 trillion. The GF Score is 95, GF Value is $817.75 versus a price of $884.74, the dividend yield is 0.05% and the year-to-date return is 210.22%.
MU at a glance
| Measure |
Value |
|---|---|
| Price |
$884.74 |
| Market cap |
$1.00T |
| Revenue (trailing 12 months) |
$133.19B |
| Revenue growth (1 year) |
+250.7% |
| Gross margin |
80.7% |
| Net margin |
63.8% |
| P/E |
11.92 |
| P/B |
7.23 |
| P/S |
7.60 |
| 95/100 |
|
| GF Value |
$817.75 |
| Dividend yield |
0.05% |
| Year-to-date return |
+210.22% |
Compare MU's share price with its GF Value , see recent insider trades , or check which gurus own MU .
What should investors watch next for MU?
Watch whether the selling streak extends beyond one day, following the inflows on Oct. 28 and Oct. 27.
Based on ETF holdings changes reported for Oct. 29, 2026.
See which funds are buying and selling on GuruFocus ETF Trends , or find and compare funds with the ETF Screener .
