A look at the weighted underlying holdings of the First Trust NYSE Arca Biotechnology Index Fund ( FBT ) shows an impressive 13.4% of holdings on a weighted basis have experienced insider buying within the past six months.
Cepheid (Symbol: CPHD), which makes up 3.26% of the First Trust NYSE Arca Biotechnology Index Fund ( FBT ), 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 $107,916,390 worth of CPHD, making it the #17 largest holding. The table below details the recent insider buying activity observed at CPHD:
CPHD - last trade: $35.74 - Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/25/2015 | Joseph H. Smith | EVP, Bus Dev and GC | 10,000 | $47.54 | $475,374 |
| 08/25/2015 | Cristina Kepner | Director | 10,000 | $47.78 | $477,825 |
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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.
