ETFs Are Net Sellers of General Electric (GE) on Nov. 3

This article first appeared on GuruFocus.

ITA led the ETF activity in General Electric (GE) on Tuesday, cutting its position by 76,505 shares for a $24.5 million reduction in value. Overall, ETFs sold $16.8 million more of GE than they bought, with 15 funds selling and 32 buying, though more funds traded the other way in smaller amounts. The net selling followed two straight days of net buying, including $4.5 million on Nov. 2 and $5.4 million on Oct. 30. Before that, flows were mixed, with $31.7 million in net buying on Oct. 28 and $3.7 million in net selling on Oct. 29.

Warning! GuruFocus has detected 3 Warning Sign with GE.

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For the full record of ETF and guru buying and selling in GE, see the GE guru trades page.

Which ETFs sold GE on Tuesday?

The largest sellers by dollar value were ITA ($24.5 million), CGNG ($2.6 million) and IWF ($1.5 million). In all, 32 ETFs added shares and 15 cut them.

ETF

Shares changed

Value

Weight in ETF

ITA

-76,505

-$24.5M

20.62%

CGNG

-8,111

-$2.6M

0.31%

IWF

-4,750

-$1.5M

1.04%

SSO

-4,367

-$1.4M

0.51%

PPA

-2,250

-$0.7M

8.90%

SPYG

-1,549

-$0.5M

0.50%

RDVY

-1,376

-$0.4M

1.39%

SPYV

-1,300

-$0.4M

0.53%

ITA accounted for the bulk of the move, trimming its stake by 0.95% to 7,956,724 shares, a weight of 20.62%. CGNG cut 8,111 shares for a $2.6 million reduction, while IWF sold 4,750 shares worth $1.5 million and SSO shed 4,367 shares for $1.4 million. Smaller reductions came from PPA, SPYG, RDVY and SPYV. General Electric operates in the Industrials sector, within Aerospace & Defense, and carries a market cap of $340.4 billion.

Have ETFs been buying or selling GE 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

Nov. 3

-$16.8M

Nov. 2

$4.5M

Oct. 30

$5.4M

Oct. 29

-$3.7M

Oct. 28

$31.7M

What does GE do?

GE Aerospace, the continuation of General Electric after the spin-offs of GE HealthCare in January 2023 and GE Vernova in April 2024, is one of the world's leading manufacturers of commercial and military aircraft engines.

General Electric reported trailing-12-month revenue of $52.58 billion, up 22.4% over the past year, with a gross margin of 35.1% and a net margin of 17.3%. The stock trades at a P/E of 38.06, a P/B of 19.43 and a P/S of 6.58. Its GF Score is 81, and GF Value of $299.03 sits below the price of $329.45. The dividend yield is 0.58%, and the shares are up 7.41% year to date.

GE at a glance

Measure

Value

Price

$329.45

Market cap

$340.40B

Revenue (trailing 12 months)

$52.58B

Revenue growth (1 year)

+22.4%

Gross margin

35.1%

Net margin

17.3%

P/E

38.06

P/B

19.43

P/S

6.58

GF Score

81/100

GF Value

$299.03

Dividend yield

0.58%

Year-to-date return

+7.41%

Compare GE's share price with its GF Value, see recent insider trades, or check which gurus own GE.

What should investors watch next for GE?

Watch whether the single day of net selling extends into a streak, or whether ETF flows revert to the buying seen in three of the prior four sessions.

Based on ETF holdings changes reported for Nov. 3, 2026.

Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.