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:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 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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Also see:
RJF Technical Analysis
NGL Insider Buying
AEPI Insider Buying
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