A look at the weighted underlying holdings of the Energy Select Sector SPDR Fund ( XLE ) shows an impressive 31.6% of holdings on a weighted basis have experienced insider buying within the past six months.
Chesapeake Energy Corp. (Symbol: CHK), which makes up 0.40% of the Energy Select Sector SPDR Fund ( XLE ), has seen 4 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $45,769,531 worth of CHK, making it the #36 largest holding. The table below details the recent insider buying activity observed at CHK:
CHK - last trade: $7.67 - Recent Insider Buys:
|03/11/2015||M. Jason Pigott||EVP - Operations||3,500||$14.13||$49,455|
|03/27/2015||Archie W. Dunham||Director||1,000,000||$13.98||$13,979,300|
|06/25/2015||R. Brad Martin||Director||10,000||$11.20||$111,965|
|08/14/2015||Thomas L. Ryan||Director||12,000||$7.37||$88,380|
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