A look at the weighted underlying holdings of the First Trust Small Cap Value AlphaDEX Fund (FYT) shows an impressive 12.7% of holdings on a weighted basis have experienced insider buying within the past six months.

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Roadrunner Transportation Systems Inc ( RRTS - Get Report), which makes up 0.85% of the First Trust Small Cap Value AlphaDEX Fund (FYT), has seen 6 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $378,876 worth of RRTS, making it the #3 largest holding. The table below details the recent insider buying activity observed at RRTS:

RRTS — last trade: $11.88 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/20/2015 William S. Urkiel Director 5,000 $10.65 $53,250
12/03/2015 Brian Charles Murray Director 5,000 $11.20 $56,000
02/11/2016 Judith A. Vijums VP and Asst. Secretary 5,000 $10.03 $50,148
02/10/2016 Scott D. Rued Chairman of the Board 30,000 $10.34 $310,212
02/10/2016 Mark A. Diblasi CEO 10,000 $10.43 $104,254
02/10/2016 Peter R. Armbruster CFO, Tr, & Sec. 5,000 $10.46 $52,310

And Enova International Inc ( ENVA), the #45 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 $268,124 worth of ENVA, which represents approximately 0.60% of the ETF's total assets at last check. The recent insider buying activity observed at ENVA is detailed in the table below:

ENVA — last trade: $6.06 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/20/2015 James A. Gray Director 22,000 $7.70 $169,424
12/21/2015 James Cody Salters Vice President, Operations 4,000 $6.18 $24,718
02/11/2016 James A. Gray Director 40,000 $5.69 $227,746