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Insiders Buy the Holdings of MLPX ETF


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A look at the weighted underlying holdings of the MLP and Energy Infrastructure ETF ( MLPX ) shows an impressive 15.3% of holdings on a weighted basis have experienced insider buying within the past six months.

NuStar Energy LP (Symbol: NS), which makes up 0.36% of the MLP and Energy Infrastructure ETF ( MLPX ), 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 $309,173 worth of NS, making it the #29 largest holding. The table below details the recent insider buying activity observed at NS:

NS - last trade: $26.25 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/24/2018 Dan J. Hill Director 2,000 $20.73 $41,458
05/14/2019 William E. Greehey Director 68,075 $28.38 $1,931,907

And Phillips 66 Partners LP (Symbol: PSXP), the #32 largest holding among components of the MLP and Energy Infrastructure ETF ( MLPX ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $191,384 worth of PSXP, which represents approximately 0.22% of the ETF's total assets at last check. The recent insider buying activity observed at PSXP is detailed in the table below:

PSXP - last trade: $50.20 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
01/16/2019 Mark Haney Director 1,392 $49.31 $68,641
05/24/2019 Kevin J. Mitchell Vice President & CFO 2,651 $49.14 $130,283
05/30/2019 Kevin J. Mitchell Vice President & CFO 7,349 $48.50 $356,409

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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: MLPX , NS , PSXP



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