A look at the weighted underlying holdings of the MLP and Energy Infrastructure ETF (MLPX) shows an impressive 14.6% of holdings on a weighted basis have experienced insider buying within the past six months.
Phillips 66 Partners LP (Symbol: PSXP), which makes up 0.07% 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 $118,625 worth of PSXP, making it the #32 largest holding. The table below details the recent insider buying activity observed at PSXP:
PSXP — last trade: $30.45 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 01/22/2020 | Mark Haney | Director | 1,640 | $62.17 | $101,967 |
| 01/22/2020 | Phillip David Bairrington | Director | 1,640 | $62.13 | $101,901 |
| 03/12/2020 | Phillip David Bairrington | Director | 15,000 | $32.50 | $487,562 |
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