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Insiders Bullish on Certain Holdings of TUSA

A look at the weighted underlying holdings of the First Trust Total US Market AlphaDEX ETF ( TUSA ) shows an impressive 10.6% of holdings on a weighted basis have experienced insider buying within the past six months.

Two Harbors Investment Corp (Symbol: TWO), which makes up 0.11% of the First Trust Total US Market AlphaDEX ETF ( TUSA ), 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 $11,327 worth of TWO, making it the #223 largest holding. The table below details the recent insider buying activity observed at TWO:

TWO - last trade: $8.23 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/13/2015 William Roth Chief Investment Officer 10,000 $8.28 $82,800
11/16/2015 William Reid Sanders Director 5,530 $8.24 $45,595

And Spirit Airlines Inc (Symbol: SAVE), the #335 largest holding among components of the First Trust Total US Market AlphaDEX ETF ( TUSA ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $8,889 worth of SAVE, which represents approximately 0.09% of the ETF's total assets at last check. The recent insider buying activity observed at SAVE is detailed in the table below:

SAVE - last trade: $42.46 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/01/2015 Thomas C. Canfield Sr VP, General Counsel and Sec 1,500 $37.70 $56,550
12/14/2015 B. Ben Baldanza President and CEO 5,000 $42.59 $212,950
12/16/2015 Thomas C. Canfield Sr VP, General Counsel and Sec 1,000 $41.70 $41,700
12/16/2015 B. Ben Baldanza President and CEO 2,000 $41.41 $82,820

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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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