{"id":323039,"date":"2026-11-07T10:04:00","date_gmt":"2026-11-07T10:04:00","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/323039\/"},"modified":"2026-11-07T10:04:00","modified_gmt":"2026-11-07T10:04:00","slug":"etfs-are-net-sellers-of-erie-indemnity-erie-on-oct-30-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/323039\/","title":{"rendered":"ETFs Are Net Sellers of Erie Indemnity (ERIE) on Oct. 30"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>. <\/p>\n

Fifteen ETFs were buying Erie Indemnity (ERIE<\/a>) shares versus 13 selling in Friday’s session, but the sellers moved larger amounts, producing $47.9 million in net ETF selling<\/a>. More funds traded the other way, yet in smaller amounts. The move followed a stretch of modest net buying: $0.3 million on Oct. 29, $6.5 million on Oct. 28, $0.1 million on Oct. 27 and $0.3 million on Oct. 26. The selling streak stands at one day. <\/p>\n

Every ETF and guru trade in ERIE is tracked on the ERIE guru trades page<\/a>. <\/p>\n

Which ETFs sold ERIE on Friday? <\/p>\n

The largest sellers by dollar value were NOBL<\/a> ($23.8 million), SDY<\/a> ($18.3 million) and KNG<\/a> ($6.9 million). In all, 15 ETFs added shares and 13 cut them. <\/p>\n

NOBL<\/a> accounted for the largest share of the move, cutting its position by 90,918 shares for a $23.8 million decline in value, a 11.7% reduction in its stake. SDY<\/a> trimmed 70,004 shares, a $18.3 million value change and a 24.87% cut, while KNG<\/a> reduced holdings by 26,267 shares, worth $6.9 million and a 11.7% stake reduction. Smaller adjustments came from XLF<\/a>, down 1,179 shares for $0.3 million, and BBMC<\/a>, down 340 shares for $0.1 million. Erie Indemnity operates in the Financial Services sector within the Insurance Brokers industry and carries a market cap of $12.8 billion. <\/p>\n

Have ETFs been buying or selling ERIE lately? <\/p>\n

Over the last 5 reported days, ETFs were net buyers on 4 and net sellers on 1, so the recent trend is mostly buying. <\/p>\n

What does ERIE<\/a> do? <\/p>\n

Erie Indemnity Company is a management company that serves as the attorney-in-fact for the Erie Insurance Exchange, a reciprocal insurance exchange. It manages the exchange’s operations, including sales, underwriting, policy issuance, and administrative services, and earns management fees calculated as a percentage of the exchange’s premiums. <\/p>\n

Erie Indemnity reported trailing-12-month revenue of $4.12 billion, up 2.0% over the past year, with a gross margin of 17.8% and a net margin of 14.0%. The stock trades at a P\/E of 25.05, a P\/B of 5.0 and a P\/S of 3.5, against a market cap of $12.8 billion. Its GF Score<\/a> is 85, and the GF Value<\/a> of $366.77 compares with a price of $273.93. The dividend yield is 2.17%, and the shares are down 2.18% year to date. <\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Fifteen ETFs were buying Erie Indemnity (ERIE) shares versus 13 selling in…\n","protected":false},"author":2,"featured_media":323040,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[125981,60,26943,61,136,138,137,2265,40186,8128,125982,3777,31858,12452,125983,12449,105122,1081,7174,34958,45357,45358,88052,125984,2261,125985],"class_list":["post-323039","post","type-post","status-publish","format-standard","has-post-thumbnail","category-erie","tag-401k","tag-business","tag-business-news","tag-economy","tag-erie","tag-erie-headlines","tag-erie-news","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/323039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=323039"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/323039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/323040"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=323039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=323039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=323039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}