A look at the weighted underlying holdings of the First Trust Materials AlphaDEX Fund (Symbol: FXZ) shows an impressive 11.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Albemarle Corp. (Symbol: ALB), which makes up 2.93% of the First Trust Materials AlphaDEX Fund (Symbol: FXZ), 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 $47,172,267 worth of ALB, making it the #18 largest holding. The table below details the recent insider buying activity observed at ALB:
ALB — last trade: $195.17 — Recent Insider Buys:
|05/05/2023||J. Kent Masters||Chairman & CEO||5,470||$181.64||$993,571|
|05/05/2023||Kristin M. Coleman||EVP, General Counsel||1,373||$182.00||$249,886|
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