A look at the weighted underlying holdings of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ) shows an impressive 13.3% of holdings on a weighted basis have experienced insider buying within the past six months.
Archer Daniels Midland Co. (Symbol: ADM), which makes up 0.34% of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ), 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 $466,180 worth of ADM, making it the #44 largest holding. The table below details the recent insider buying activity observed at ADM:
ADM - last trade: $34.18 - Recent Insider Buys:
|11/04/2015||Ray G. Young||Chief Financial Officer||2,500||$42.77||$106,919|
|11/04/2015||Juan R. Luciano||President & CEO||4,715||$42.36||$199,706|
|11/20/2015||Juan R. Luciano||President & CEO||2,772||$36.03||$99,872|
|11/23/2015||Joseph D. Taets||Senior Vice President||3,000||$36.24||$108,706|
|11/24/2015||Francisco J. Sanchez||Director||1,500||$36.13||$54,200|
And FutureFuel Corp (Symbol: FF), the #215 largest holding among components of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $237,716 worth of FF, which represents approximately 0.17% of the ETF's total assets at last check. The recent insider buying activity observed at FF is detailed in the table below:
FF - last trade: $13.45 - Recent Insider Buys:
|08/13/2015||Donald C. Bedell||Director||5,000||$9.67||$48,370|
|08/14/2015||Lee E. Mikles||Director||11,469||$9.60||$110,054|
|12/04/2015||Terrance C. Z. Egger||Director||2,000||$14.45||$28,906|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.