Insiders Buy the Holdings of FYT ETF

A look at the weighted underlying holdings of the First Trust Small Cap Value AlphaDEX Fund (FYT) shows an impressive 11.1% 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 »

Basic Energy Services Inc ( BAS), which makes up 0.64% of the First Trust Small Cap Value AlphaDEX Fund (FYT), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $489,369 worth of BAS, making it the #36 largest holding. The table below details the recent insider buying activity observed at BAS:

BAS — last trade: $8.28 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/31/2014 Thomas Moore Jr. Director 10,000 $7.13 $71,299
03/18/2015 Steven A. Webster Director 6,900 $5.30 $36,603
04/02/2015 Thomas Monroe Patterson President and CEO 2,000 $7.56 $15,129

And Luminex Corp ( LMNX), the #59 largest holding among components of the First Trust Small Cap Value AlphaDEX Fund (FYT), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $425,900 worth of LMNX, which represents approximately 0.55% of the ETF's total assets at last check. The recent insider buying activity observed at LMNX is detailed in the table below:

LMNX — last trade: $17.11 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/28/2015 Nachum Shamir President & CEO 6,000 $16.73 $100,386
05/27/2015 G. Walter Loewenbaum II Director 38,966 $16.71 $651,204
05/29/2015 G. Walter Loewenbaum II Director 10,000 $16.83 $168,256

More from Stocks

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Video: There Are Some Big Changes Coming to the PGA Championships in 2019

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

The Best Investment Advice? Stay Diversified

The Best Investment Advice? Stay Diversified