This ETF Holds Stocks Insiders Want to Own

A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 10.9% of holdings on a weighted basis have experienced insider buying within the past six months. START SLIDESHOW:10 ETFs With Stocks That Insiders Are Buying » Independence Realty Trust Inc , which makes up 0.74% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data.
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A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 10.9% of holdings on a weighted basis have experienced insider buying within the past six months.

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10 ETFs With Stocks That Insiders Are Buying »

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Independence Realty Trust Inc (IRT) - Get Report, which makes up 0.74% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $751,761 worth of IRT, making it the #20 largest holding. The table below details the recent insider buying activity observed at IRT:

IRT — last trade: $9.30 — Recent Insider Buys:

Purchased

Insider

Title

Shares

Price/Share

Value

02/22/2018

James J. Sebra

CFO & Treasurer

2,500

$8.33

$20,825

02/22/2018

Scott Schaeffer

Chairman & CEO

15,000

$8.33

$124,950

And Triumph Bancorp Inc (TBK) - Get Report, the #26 largest holding among components of the First Trust Dow Jones Select MicroCap Index Fund (FDM), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $717,081 worth of TBK, which represents approximately 0.71% of the ETF's total assets at last check. The recent insider buying activity observed at TBK is detailed in the table below:

TBK — last trade: $40.45 — Recent Insider Buys:

Purchased

Insider

Title

Shares

Price/Share

Value

10/23/2017

Michael P. Rafferty

Director

500

$31.64

$15,820

11/02/2017

Michael P. Rafferty

Director

1,000

$30.72

$30,720

11/15/2017

Maribess L. Miller

Director

5,504

$29.77

$163,854