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First Trust Energy AlphaDEX Fund -- Insider Buying Index Registering 23.3%

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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:

Purchased Insider Title Shares Price/Share Value
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

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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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