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First Trust North American Energy Infrastructure Fund -- Insider Buying Index Registering 13.1%

A look at the weighted underlying holdings of the First Trust North American Energy Infrastructure Fund (Symbol: EMLP) shows an impressive 13.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Spectra Energy Partners LP (Symbol: SEP), which makes up 2.41% of the First Trust North American Energy Infrastructure Fund (Symbol: EMLP), 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 $39,162,226 worth of SEP, making it the #10 largest holding. The table below details the recent insider buying activity observed at SEP:

SEP - last trade: $44.8113 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/07/2016 Gregory L. Ebel President & CEO 8,529 $41.67 $355,444
11/15/2016 J. D. Woodward Director 2,500 $42.27 $105,675
11/17/2016 Gregory L. Ebel President & CEO 8,000 $41.58 $332,676

And Shell Midstream Partners LP (Symbol: SHLX), the #58 largest holding among components of the First Trust North American Energy Infrastructure Fund (Symbol: EMLP), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $4,657,970 worth of SHLX, which represents approximately 0.29% of the ETF's total assets at last check. The recent insider buying activity observed at SHLX is detailed in the table below:

SHLX - last trade: $32.77 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/11/2016 Margaret C. Montana Director 4,000 $25.95 $103,800
11/11/2016 Lori M. Muratta See Remarks 960 $25.99 $24,950

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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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