A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 10.7% of holdings on a weighted basis have experienced insider buying within the past six months.

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Triumph Bancorp Inc ( TBK - Get Report), which makes up 0.57% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $575,453 worth of TBK, making it the #50 largest holding. The table below details the recent insider buying activity observed at TBK:

TBK — last trade: $36 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/14/2017 Charles A. Anderson Director 2,000 $27.66 $55,320
10/23/2017 Michael P. Rafferty Director 500 $31.64 $15,820
11/02/2017 Michael P. Rafferty Director 1,000 $30.72 $30,720
11/15/2017 Maribess L. Miller Director 5,504 $29.77 $163,854

And Allegiance Bancshares Inc ( ABTX), the #104 largest holding among components of the First Trust Dow Jones Select MicroCap Index Fund (FDM), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $408,197 worth of ABTX, which represents approximately 0.41% of the ETF's total assets at last check. The recent insider buying activity observed at ABTX is detailed in the table below:

ABTX — last trade: $39.40 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/10/2017 Thomas A. Reiser Director 11,000 $36.53 $401,841
08/11/2017 Frances H. Jeter Director 4,000 $35.93 $143,712
10/31/2017 Fred S. Robertson Director 2,500 $39.25 $98,125