Strong Insider Buying Found in the Underlying Holdings of MORT

A look at the weighted underlying holdings of the Mortgage REIT Income ETF (MORT) shows an impressive 24.7% of holdings on a weighted basis have experienced insider buying within the past six months.

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ARMOUR Residential REIT Inc. ( ARR), which makes up 2.84% of the Mortgage REIT Income ETF (MORT), 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 $2,945,139 worth of ARR, making it the #15 largest holding. The table below details the recent insider buying activity observed at ARR:

ARR — last trade: $22.37 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/22/2016 Jeffrey J. Zimmer Co-CEO and President 10,000 $22.11 $221,140
08/22/2016 Scott Ulm Co-CEO and CIO 5,000 $22.07 $110,340

And Hannon Armstrong Sustainable Infrastructure Capital Inc ( HASI), the #18 largest holding among components of the Mortgage REIT Income ETF (MORT), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $2,732,470 worth of HASI, which represents approximately 2.63% of the ETF's total assets at last check. The recent insider buying activity observed at HASI is detailed in the table below:

HASI — last trade: $20.73 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/04/2016 Jeffrey Eckel President and CEO 5,000 $19.78 $98,900
11/09/2016 Jeffrey Eckel President and CEO 1,000 $19.35 $19,350
11/10/2016 Mark Cirilli Director 5,000 $19.33 $96,650
11/17/2016 M. Rhem Wooten Executive Vice President 1,200 $20.43 $24,516

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