Insiders Buy the Holdings of ALTY ETF

A look at the weighted underlying holdings of the SuperDividend Alternatives ETF (ALTY) shows an impressive 10.5% of holdings on a weighted basis have experienced insider buying within the past six months.

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Pennantpark Investment Corporation ( PNNT), which makes up 1.39% of the SuperDividend Alternatives ETF (ALTY), 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 $20,524 worth of PNNT, making it the #9 largest holding. The table below details the recent insider buying activity observed at PNNT:

PNNT — last trade: $7.40 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/23/2016 Aviv Efrat CFO and Treasurer 28,000 $7.08 $198,103
11/25/2016 Arthur H. Penn Chairman and CEO / Investment 20,000 $7.16 $143,225
11/28/2016 Arthur H. Penn Chairman and CEO / Investment 10,000 $7.38 $73,836

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