A look at the weighted underlying holdings of the First Trust Energy AlphaDEX Fund (Symbol: FXN) shows an impressive 23.3% of holdings on a weighted basis have experienced insider buying within the past six months.
Schlumberger Ltd. (Symbol: SLB), which makes up 1.15% of the First Trust Energy AlphaDEX Fund (Symbol: FXN), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $2,222,426 worth of SLB, making it the #41 largest holding. The table below details the recent insider buying activity observed at SLB:
SLB - last trade: $71.22 - Recent Insider Buys:
|07/21/2015||Lubna S. Olayan||Director||5,000||$83.82||$419,080|
|08/27/2015||Darkes V. Maureen Kempston||Director||3,000||$72.24||$216,720|
|08/27/2015||Michael E. Marks||Director||13,600||$73.18||$995,294|