10.9% of BJK Holdings Seeing Recent Insider Buys

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A look at the weighted underlying holdings of the Gaming ETF (Symbol: BJK) shows an impressive 10.9% of holdings on a weighted basis have experienced insider buying within the past six months.

MGM Resorts International (Symbol: MGM), which makes up 6.43% of the Gaming ETF (Symbol: BJK), has seen 4 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $1,579,356 worth of MGM, making it the #5 largest holding. The table below details the recent insider buying activity observed at MGM:

MGM - last trade: $28.86 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
03/06/2019 Mary Christine Gay Director 3,700 $27.27 $100,886
03/07/2019 William Warwick Grounds Director 1,145 $26.27 $30,075
05/08/2019 Paul J. Salem Director 800,000 $25.40 $20,322,240
06/07/2019 Keith A. Meister Director 2,874,578 $26.18 $75,244,709
06/12/2019 Keith A. Meister Director 636,335 $27.76 $17,665,455
06/17/2019 Keith A. Meister Director 431,850 $27.73 $11,977,125
06/20/2019 Keith A. Meister Director 338,374 $27.84 $9,421,287
06/25/2019 Keith A. Meister Director 380,651 $27.81 $10,587,728
06/27/2019 Keith A. Meister Director 209,136 $27.99 $5,853,432

And Churchill Downs, Inc. (Symbol: CHDN), the #14 largest holding among components of the Gaming ETF (Symbol: BJK), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $577,494 worth of CHDN, which represents approximately 2.35% of the ETF's total assets at last check. The recent insider buying activity observed at CHDN is detailed in the table below:

CHDN - last trade: $120.36 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
03/22/2019 Karole Lloyd Director 1,000 $85.22 $85,219
05/01/2019 R. Alex Rankin Director 500 $101.83 $50,914

10 ETFs With Stocks That Insiders Are Buying ยป

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 , Stocks , ETFs
Referenced Symbols: BJK , MGM , CHDN

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