ETFs Pour $81.9M into Johnson & Johnson on Sept. 25
Johnson & Johnson (JNJ) was among the top stocks purchased by ETFs on September 25, with a total of $81.9 million in net buying activity.
The SPDR S&P 500 ETF Trust (SPY) led the charge, adding $35.1 million worth of JNJ shares to its portfolio. The Invesco QQQ ETF (IVV) and the SPDR Dow Jones Industrial Average ETF Trust (DIA) also bought significant amounts of JNJ stock.
This buying activity follows a mixed trend over the past few days, with $155.7 million in net inflows on September 23 and $88.0 million on September 22, but outflows of $49.1 million on September 24 and $256.3 million on September 21.
JNJ is a holding company focused on products related to human health and well-being, with a market capitalization of $655.4 billion. The stock has seen a year-to-date return of 33.52% and a dividend yield of 1.9%.