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This ETF Holds Stocks Insiders Want to Own

A look at the weighted underlying holdings of the SPDR S&P 1500 Value Tilt ETF ( VLU ) shows an impressive 10.1% of holdings on a weighted basis have experienced insider buying within the past six months.

AmerisourceBergen Corp. (Symbol: ABC), which makes up 0.20% of the SPDR S&P 1500 Value Tilt ETF ( VLU ), 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 $8,074 worth of ABC, making it the #107 largest holding. The table below details the recent insider buying activity observed at ABC:

ABC - last trade: $101.59 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/11/2015 James F. Cleary Jr. Executive Vice President 1,000 $104.88 $104,880
12/02/2015 Dermot Mark Durcan Director 1,000 $99.70 $99,697

And Illinois Tool Works, Inc. (Symbol: ITW), the #168 largest holding among components of the SPDR S&P 1500 Value Tilt ETF ( VLU ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $4,928 worth of ITW, which represents approximately 0.12% of the ETF's total assets at last check. The recent insider buying activity observed at ITW is detailed in the table below:

ITW - last trade: $93.97 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
07/28/2015 Kevin M. Warren Director 3,440 $87.90 $302,376
09/01/2015 Mary Katherine Lawler SVP & Chief HR Officer 1,807 $82.57 $149,204

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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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