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CXW

18.7% of FRI Holdings Seeing Recent Insider Buys

A look at the weighted underlying holdings of the First Trust S&P REIT Index Fund (Symbol: FRI) shows an impressive 18.7% of holdings on a weighted basis have experienced insider buying within the past six months.

Corrections Corporation of America (Symbol: CXW), which makes up 0.53% of the First Trust S&P REIT Index Fund (Symbol: FRI), 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 $1,010,604 worth of CXW, making it the #53 largest holding. The table below details the recent insider buying activity observed at CXW:

CXW - last trade: $29.55 - Recent Insider Buys:

08/27/2015 Joseph V. Russell Director 35,000 $30.98 $1,084,363
09/08/2015 Mark A. Emkes Director 1,000 $29.29 $29,290

And Piedmont Office Realty Trust Inc (Symbol: PDM), the #68 largest holding among components of the First Trust S&P REIT Index Fund (Symbol: FRI), shows 4 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $749,454 worth of PDM, which represents approximately 0.40% of the ETF's total assets at last check. The recent insider buying activity observed at PDM is detailed in the table below:

PDM - last trade: $16.94 - Recent Insider Buys:

05/06/2015 Raymond Lee Owens EVP- Cap Mkts 1,425 $17.46 $24,880
08/25/2015 Jeffrey L. Swope Director 5,800 $17.25 $100,050
08/24/2015 Frank C. McDowell Director 10,000 $17.50 $175,000
09/01/2015 Donald A. Miller President and CEO 7,500 $16.72 $125,400

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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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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