ETFs bought $17.5 million of Shopify (SHOP) stock, with 11 buyers and no sellers.
GuruFocus News
10/19/2026 05:01
ETF flows turned positive for Shopify (SHOP) last Thursday, snapping a one-day selling stretch. ETFs bought a net $17.5 million of the stock, with 11 funds adding shares and none trimming positions. The buying followed a $34.7 million net outflow on Oct. 14, while Oct. 13 saw $59.2 million in net purchases. The prior sessions were mixed, with $2.2 million sold on Oct. 12 and $36.1 million bought on Oct. 9.
See all ETF and guru trades in SHOP on its SHOP guru trades page.
Which ETFs bought SHOP on Thursday?
The largest buyers by dollar value were QQQ ($10.3 million), QQQM ($2.1 million) and CGGR ($0.9 million). In all, 11 ETFs added shares and 0 cut them.
| ETF | Shares changed | Value | Weight in ETF |
|---|---|---|---|
| QQQ | +58,001 | $10.3M | 0.92% |
| QQQM | +11,704 | $2.1M | 0.92% |
| CGGR | +4,845 | $0.9M | 1.82% |
| QTEC | +2,314 | $0.4M | 2.62% |
| QLD | +1,464 | $0.3M | 0.93% |
| QQQI | +1,288 | $0.2M | 0.95% |
| GPIQ | +1,104 | $0.2M | 0.92% |
| FTLS | +585 | $0.1M | 1.25% |
Invesco QQQ (QQQ) led the move, adding 58,001 shares worth $10.3 million, with a 0.92% weight. QQQM added 11,704 shares valued at $2.1 million, while CGGR bought 4,845 shares worth $0.9 million and QTEC added 2,314 shares for $0.4 million. Shopify operates in the Technology sector, within the Software – Application industry, and carries a market cap of $218.1 billion.
Have ETFs been buying or selling SHOP 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 |
|---|---|---|---|
| Oct. 15 | $17.5M | 11 | 0 |
| Oct. 14 | -$34.7M | 8 | 2 |
| Oct. 13 | $59.2M | 6 | 1 |
| Oct. 12 | -$2.2M | 11 | 2 |
| Oct. 9 | $36.1M | 6 | 2 |
What does SHOP do?
Shopify provides the leading commerce platform for independent merchants, powering millions of businesses in about 175 countries that together process hundreds of billions of dollars in annual gross merchandise volume. Its subscription software lets merchants build online stores and sell across web, mobile, physical retail
Shopify reported trailing-12-month revenue of $13.27 billion, up 32.1% year over year. Gross margin stood at 47.6% and net margin at 14.5%. The stock trades at a P/E of 114.39, P/B of 17.23 and P/S of 16.66, with a market cap of $218.1 billion. Its GF Score is 84, and GF Value of $157.59 compares with a price of $169.52. Shopify’s year-to-date return is 5.31%.
SHOP at a glance
| Measure | Value |
|---|---|
| Price | $169.52 |
| Market cap | $218.10B |
| Revenue (trailing 12 months) | $13.27B |
| Revenue growth (1 year) | +32.1% |
| Gross margin | 47.6% |
| Net margin | 14.5% |
| P/E | 114.39 |
| P/B | 17.23 |
| P/S | 16.66 |
| GF Score | 84/100 |
| GF Value | $157.59 |
| Year-to-date return | +5.31% |
For a closer look, open the SHOP stock summary, its GF Value chart and insider buying and selling.
Looking for a fund? Use the ETF Screener, and follow daily fund activity on the ETF Trends page.
What should investors watch next for SHOP?
Watch whether ETF buying extends beyond a single session, given the alternating inflows and outflows over the past five trading days.
Based on ETF holdings changes reported for Oct. 15, 2026.
What else did ETFs trade on Thursday?
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
