18.5% of AIRR Holdings Seeing Recent Insider Buys

A look at the weighted underlying holdings of the First Trust RBA American Industrial Renaissance ETF (AIRR) shows an impressive 18.5% 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 »

FreightCar America Inc ( RAIL), which makes up 4.16% of the First Trust RBA American Industrial Renaissance ETF ( AIRR), 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 $2,899,793 worth of RAIL, making it the #1 largest holding. The table below details the recent insider buying activity observed at RAIL:

RAIL — last trade: $35.05 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/07/2014 Charles F. Avery Jr. VP Finance, CFO and Treasurer 500 $23.30 $11,648.00
05/21/2014 Andrew B. Schmitt Director 10,000 $24.95 $249,474.99

And Global Brass & Copper Holdings Inc ( BRSS), the #23 largest holding among components of the First Trust RBA American Industrial Renaissance ETF ( AIRR), shows 4 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $1,864,633 worth of BRSS, which represents approximately 2.68% of the ETF's total assets at last check. The recent insider buying activity observed at BRSS is detailed in the table below:

BRSS — last trade: $14.93 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/12/2014 Scott B. Hamilton General Counsel & Secretary 1,000 $14.81 $14,811.00
05/12/2014 Robert T. Micchelli Chief Financial Officer 15,000 $14.98 $224,700.00
05/12/2014 Paul Schwind Corporate Controller 1,100 $14.88 $16,368.00
05/12/2014 John J. Wasz Chief Executive Officer 16,816 $15.04 $252,949.61

More from Stocks

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Quick Read: 3 Things for Investors to Know Before Wednesday's Trading Session

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Replay: Jim Cramer on the Markets, Oil, General Electric, Zillow and Micron

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Pegasystems Founder Explains Why He Has One of the Hottest Tech Stocks Around

Micron Shares Soar; Chipmaker Is 'Managing for Profitability' Now, Says Analyst

Micron Shares Soar; Chipmaker Is 'Managing for Profitability' Now, Says Analyst

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline

Dow Slips 178 Points; S&P 500 and Nasdaq Also Decline