ETFs Boost Visa Holdings with $254 Million Buy on Oct 2
On Friday, Oct. 2, 2026, ETFs continued their bullish trend on Visa (V) stock, adding a net $254.2 million in value. This marked the second consecutive day of net buying, following a modest $0.7 million increase on Thursday and a significant $550.9 million surge on Monday, Sept. 28. The buying spree saw 35 ETFs purchasing shares, compared to 19 selling, while 152 held their positions.
The largest ETF buyers by dollar value were DFAC with $276.6 million, IVV with $24.9 million, and SPHQ with $4.8 million. DFAC led the charge, increasing its stake by 81.93% to 1,703,115 shares, representing a 0.7% weight in the fund. Other notable buyers included SPYM, IVW, IWY, UDOW, and DFUS.
Visa, a leader in digital payments, operates VisaNet, a global transaction processing network. The company reported trailing-12-month revenue of $44.49 billion, up 17.8% year over year, with gross and net margins of 77.2% and 50.8%, respectively. Visa's P/E ratio stands at 31.73, P/B at 19.93, and P/S at 15.98. The stock has a GF Score of 99 and a GF Value of $405.96, compared to its current price of $369.71. The dividend yield is 0.73%, and the year-to-date return is 6.05%.
Over the last five reported days, ETFs were net buyers on three days and net sellers on two, indicating a mixed trend. The recent streak of net buying will be tested by whether buyers continue to outnumber sellers in the coming days.