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Insiders Buy the Holdings of FAB ETF

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A look at the weighted underlying holdings of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ) shows an impressive 13.2% of holdings on a weighted basis have experienced insider buying within the past six months.

Talen Energy Corp (Symbol: TLN), which makes up 0.25% of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ), 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 $362,591 worth of TLN, making it the #131 largest holding. The table below details the recent insider buying activity observed at TLN:

TLN - last trade: $9.64 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
10/05/2015 Paul A. Farr President & CEO 30,000 $10.43 $312,900
10/16/2015 Clarence J. Hopf Jr. See Remarks 9,000 $10.35 $93,150

And Corrections Corporation of America (Symbol: CXW), the #172 largest holding among components of the First Trust Multi Cap Value AlphaDEX Fund ( FAB ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $303,521 worth of CXW, which represents approximately 0.21% of the ETF's total assets at last check. The recent insider buying activity observed at CXW is detailed in the table below:

CXW - last trade: $29.89 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/27/2015 Joseph V. Russell Director 35,000 $30.98 $1,084,363
09/08/2015 Mark A. Emkes Director 1,000 $29.29 $29,290

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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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