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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 (Symbol: FAB) shows an impressive 13.6% of holdings on a weighted basis have experienced insider buying within the past six months.

Hess Corp (Symbol: HES), which makes up 0.28% of the First Trust Multi Cap Value AlphaDEX Fund (Symbol: FAB), has seen 5 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $292,695 worth of HES, making it the #94 largest holding. The table below details the recent insider buying activity observed at HES:

HES - last trade: $39.29 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
09/10/2015 John H. Mullin III Director 7,000 $54.49 $381,439
09/11/2015 John B. Hess Chief Executive Officer 143,900 $52.27 $7,521,869
09/24/2015 Robert N. Wilson Director 3,000 $49.76 $149,290
02/05/2016 John H. Mullin III Director 2,564 $39.00 $99,996
02/05/2016 Kevin Omar Meyers Director 1,282 $39.00 $49,998
02/05/2016 John B. Hess Chief Executive Officer 51,282 $39.00 $1,999,998
02/05/2016 David McManus Director 5,128 $39.00 $199,992

And United Natural Foods Inc. (Symbol: UNFI), the #178 largest holding among components of the First Trust Multi Cap Value AlphaDEX Fund (Symbol: FAB), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $220,027 worth of UNFI, which represents approximately 0.21% of the ETF's total assets at last check. The recent insider buying activity observed at UNFI is detailed in the table below:

UNFI - last trade: $32.54 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/24/2015 Sean Griffin Chief Operating Officer 6,521 $46.10 $300,618
08/24/2015 Steven Spinner President and CEO 5,500 $45.24 $248,820

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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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