11.8% of FTHI Holdings Seeing Recent Insider Buys

Shutterstock photo

A look at the weighted underlying holdings of the First Trust High Income ETF (Symbol: FTHI) shows an impressive 11.8% of holdings on a weighted basis have experienced insider buying within the past six months.

Macquarie Infrastructure Corporation (Symbol: MIC), which makes up 0.20% of the First Trust High Income ETF (Symbol: FTHI), has seen 5 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $89,919 worth of MIC, making it the #142 largest holding. The table below details the recent insider buying activity observed at MIC:

MIC - last trade: $79.80 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
02/03/2017 Jay Davis Vice President 1,000 $74.15 $74,150
02/03/2017 Martin Stanley Director 4,000 $74.15 $296,600
02/03/2017 Michael Kernan General Counsel and Secretary 1,000 $74.15 $74,150
02/03/2017 Liam Stewart Chief Financial Officer 2,500 $74.15 $185,375
02/03/2017 James Hooke Chief Executive Officer 15,000 $74.15 $1,112,250

10 ETFs With Stocks That Insiders Are Buying »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , ETFs
Referenced Symbols: FTHI , MIC

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing
Follow on:

Research Brokers before you trade

Want to trade FX?

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com