A look at the weighted underlying holdings of the Invesco Dorsey Wright Energy Momentum ETF (PXI) shows an impressive 12.5% of holdings on a weighted basis have experienced insider buying within the past six months.
Diamondback Energy, Inc. (Symbol: FANG), which makes up 2.22% of the Invesco Dorsey Wright Energy Momentum ETF (PXI), 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 $1,227,021 worth of FANG, making it the #15 largest holding. The table below details the recent insider buying activity observed at FANG:
FANG — last trade: $140.58 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/08/2024 | Robert K. Reeves | Director | 2,832 | $180.00 | $509,760 |
| 12/16/2024 | Steven E. West | Director | 6,000 | $162.66 | $975,960 |
| 02/28/2025 | Frank D. Tsuru | Director | 2,000 | $156.51 | $313,020 |
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