Strong Insider Buying Reported in REM Holdings

A look at the weighted underlying holdings of the iShares Mortgage Real Estate Capped ETF (REM) shows an impressive 27.7% of holdings on a weighted basis have experienced insider buying within the past six months.

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Altisource Residential Corp ( RESI), which makes up 1.24% of the iShares Mortgage Real Estate Capped ETF (REM), 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 $15,032,595 worth of RESI, making it the #22 largest holding. The table below details the recent insider buying activity observed at RESI:

RESI — last trade: $11.68 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/10/2016 George G. Ellison Chief Executive Officer 22,000 $11.30 $248,675
11/17/2016 David B. Reiner Director 3,500 $11.57 $40,487

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