Significant Insider Buying Registered in Holdings of MLPA

Shutterstock photo

A look at the weighted underlying holdings of the MLP ETF (Symbol: MLPA) shows an impressive 25.0% of holdings on a weighted basis have experienced insider buying within the past six months.

Enterprise Products Partners L.P. (Symbol: EPD), which makes up 12.33% of the MLP ETF (Symbol: MLPA), 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 $24,464,794 worth of EPD, making it the #2 largest holding. The table below details the recent insider buying activity observed at EPD:

EPD - last trade: $27.82 - Recent Insider Buys:

11/13/2018W. Randall FowlerPresident and CFO10,000$26.19$261,900
11/14/2018AJ TeagueChief Executive Officer15,005$26.32$394,956
12/19/2018Carin Marcy BarthDirector10,000$25.00$250,000
12/20/2018AJ TeagueChief Executive Officer10,000$24.61$246,100
12/31/2018AJ TeagueChief Executive Officer10,000$24.36$243,600

And NuStar Energy LP (Symbol: NS), the #15 largest holding among components of the MLP ETF (Symbol: MLPA), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $6,041,357 worth of NS, which represents approximately 3.04% of the ETF's total assets at last check. The recent insider buying activity observed at NS is detailed in the table below:

NS - last trade: $25.65 - Recent Insider Buys:

12/17/2018William E. GreeheyDirector100,000$22.98$2,298,460
12/24/2018Dan J. HillDirector2,000$20.73$41,458

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 , ETFs
Referenced Symbols: MLPA , EPD , NS

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?