Insiders Buy the Holdings of PUW ETF

A look at the weighted underlying holdings of the PowerShares WilderHill Progressive Energy Portfolio (PUW) shows an impressive 16.2% of holdings on a weighted basis have experienced insider buying within the past six months.

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LSB Industries, Inc. ( LXU), which makes up 1.76% of the PowerShares WilderHill Progressive Energy Portfolio (PUW), 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 $619,847 worth of LXU, making it the #35 largest holding. The table below details the recent insider buying activity observed at LXU:

LXU — last trade: $33.73 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
06/03/2014 Mark T. Behrman SR. VP-Corporate Development 1,000 $37.90 $37,900.00
11/10/2014 Webster L. Benham III Director 200 $31.67 $6,334.00

And McDermott International, Inc. ( MDR), the #49 largest holding among components of the PowerShares WilderHill Progressive Energy Portfolio (PUW), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $456,851 worth of MDR, which represents approximately 1.29% of the ETF's total assets at last check. The recent insider buying activity observed at MDR is detailed in the table below:

MDR — last trade: $4.27 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
06/10/2014 John F. Bookout III Director 50,000 $7.71 $385,620.00
11/14/2014 David A. Trice Director 20,000 $4.16 $83,176.80

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