Cisco Sees Two-Day Streak of Net ETF Buying Continue

Cisco Systems (CSCO) witnessed another day of significant net ETF buying on Thursday, September 28. According to GuruFocus, a total of $29.8 million was invested in CSCO shares by exchange-traded funds (ETFs), extending the company's two-day streak of net buying.

This follows a two-day stretch of net selling worth $22.2 million on September 22 and $193.4 million on September 21. During Thursday's trading, 43 ETFs purchased CSCO shares while 31 sold them, with 177 funds holding their positions steady.

The largest buyers among the ETFs were Invesco QQQ (QQQ), which added 591,894 shares worth $63.3 million to its portfolio, and iShares Core S&P 500 ETF (IVV) with a purchase of 100,540 shares valued at $10.8 million.