This article first appeared on GuruFocus.

Invesco QQQ (QQQ) led the ETF activity on Monday, Nov. 2, adding $109.6 million of Walmart stock. All told, ETFs bought $152.6 million of the retailer's shares on the day, with 38 funds buying and 24 selling. The buying extended a two-day streak in the same direction. Over the prior sessions, net flows ran $63.4 million on Oct. 30, -$71.8 million on Oct. 29, $120.7 million on Oct. 28 and $36.1 million on Oct. 27.

Warning! GuruFocus has detected 7 Warning Sign with WMT.

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See all ETF and guru trades in WMT on its WMT guru trades page.

Which ETFs bought WMT on Monday?

The largest buyers by dollar value were QQQ ($109.6 million), SPY ($34.2 million) and IVV ($14.9 million). In all, 38 ETFs added shares and 24 cut them.

ETF

Shares changed

Value

Weight in ETF

QQQ

+858,420

$109.6M

2.83%

SPY

+268,008

$34.2M

0.88%

IVV

+116,460

$14.9M

0.88%

QQQM

+91,760

$11.7M

2.83%

AVLV

+17,283

$2.2M

0.49%

GPIQ

+13,110

$1.7M

2.68%

IWX

+12,450

$1.6M

1.87%

QLD

+10,296

$1.3M

2.84%

QQQ accounted for the largest share of the move, adding 858,420 shares for a $109.6 million value change, lifting its stake by 0.85% to 102,022,024 shares at a 2.83% weight. SPY added $34.2 million and IVV $14.9 million, while QQQM contributed $11.7 million. Smaller additions came from AVLV at $2.2 million, GPIQ at $1.7 million, IWX at $1.6 million and QLD at $1.3 million. Walmart sits in the Consumer Defensive sector and the Discount Stores industry, with a market cap of $990.6 billion.

Have ETFs been buying or selling WMT lately?

Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying.

Date

Net value

Buying

Selling

Nov. 2

$152.6M

38

24

Oct. 30

$63.4M

42

20

Oct. 29

-$71.8M

35

21

Oct. 28

$120.7M

31

15

Oct. 27

$36.1M

33

15

What does WMT do?

Walmart is the world's largest retailer by revenue, operating supercenters, discount stores, neighborhood markets, and membership warehouse clubs, complemented by fast-growing eCommerce sites and marketplaces.

Walmart reported trailing-12-month revenue of $735.84 billion, up 6.9% over one year, with a gross margin of 25.2% and a net margin of 3.0%. The stock trades at a P/E of 45.24, a P/B of 10.09 and a P/S of 1.36. Its GF Score is 82, and the GF Value of $104.60 compares with a price of $124.86. The dividend yield is 0.86%, and the shares are up 12.78% year to date.

WMT at a glance

Measure

Value

Price

$124.86

Market cap

$990.60B

Revenue (trailing 12 months)

$735.84B

Revenue growth (1 year)

+6.9%

Gross margin

25.2%

Net margin

3.0%

P/E

45.24

P/B

10.09

P/S

1.36

GF Score

82/100

GF Value

$104.60

Dividend yield

0.86%

Year-to-date return

+12.78%

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

See which funds are buying and selling on GuruFocus ETF Trends, or find and compare funds with the ETF Screener.

What should investors watch next for WMT?

Watch whether ETF buying extends beyond the current two-day streak, given the mixed daily flows over the past week.

Based on ETF holdings changes reported for Nov. 2, 2026.

What else did ETFs trade on Monday?

Sector Trends: Technology Leads, Utilities Sold on Nov. 2

ETF Activity: SPY Leads With $4.28 Billion Inflow on Nov. 2

55 ETFs Add to NVIDIA (NVDA) on Nov. 2

49 ETFs Add to Apple (AAPL) Holdings on Nov. 2

ETFs Bought $561.6 Million of Microsoft (MSFT) on Monday