Insiders Buy The Holdings Of FDM ETF

A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 16.0% of holdings on a weighted basis have experienced insider buying within the past six months.

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WSFS Financial Corp. ( WSFS), which makes up 0.72% 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 $384,792 worth of WSFS, making it the #23 largest holding. The table below details the recent insider buying activity observed at WSFS:

WSFS — last trade: $26.84 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/12/2014 David G. Turner Director 484 $76.48 $37,016
03/11/2015 David G. Turner Director 484 $76.45 $37,002
03/12/2015 Donald W. Delson Director 254 $76.29 $19,378

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