Avnet ETF selling reached a net $30.2 million on October 23, 2026, driven largely by a reduction in the AVUV fund’s holding of the electronics distributor.

Key Takeaways

  • AVUV cut its Avnet position by 342,112 shares, valued at $30.1 million.
  • Nine ETFs increased their holdings while five reduced them, but the sales were larger by value.

Avnet ETF selling led by AVUV

AVUV reduced its Avnet stake by 24.53%. After the sale, Avnet represented 0.29% of the fund’s portfolio.

FTXL trimmed its position by 634 shares, valued at $0.1 million. SPMD, IJJ and AVTM also made smaller reductions. The reported net selling measures changes in ETF stock holdings, not investor withdrawals from the funds.

Earlier ETF activity and Avnet’s business

The selling followed small net purchases of $0.6 million on October 22 and $0.2 million on each of October 21 and October 20. The October 23 figures do not establish why the funds changed their holdings.

Avnet distributes electronic components and technology solutions, including semiconductors and embedded products. It also provides design, supply-chain, logistics and integration services.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.