8 ETFs Cut Taiwan Semiconductor (TSM) Holdings on Thursday

What happened: Eight ETFs sold Taiwan Semiconductor (TSM) shares on Thursday while five bought, producing a net outflow. CGGO was the largest seller. Key numbers: Net outflow $81.0M on Oct. 29. CGGO sold $17.0M, JGLO $16.2M, ARKQ $3.2M. Prior days: -$19.1M on Oct. 28, +$20.1M on Oct. 27, +$135.0M on Oct. 26. TSM price $406.13, market cap $1.89T. Why it matters: ETF activity has been negative for two straight days, reversing the buying seen earlier in the week. Over the last 5 reported days, ETFs were net sellers on 3 and net buyers on 2. Market: -2.0% today ($2,440.00), +58.5% YTD — as of 06:13 UTC

Eight ETFs sold Taiwan Semiconductor (TSM) shares on Thursday while five bought, producing a net outflow. CGGO was the largest seller.

ETF activity has been negative for two straight days, reversing the buying seen earlier in the week. Over the last 5 reported days, ETFs were net sellers on 3 and net buyers on 2. Market: -2.0% today ($2,440.00), +58.5% YTD — as of 06:13 UTC