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Insiders Buy the Holdings of FNK ETF

A look at the weighted underlying holdings of the First Trust Mid Cap Value AlphaDEX Fund ( FNK ) shows an impressive 13.4% of holdings on a weighted basis have experienced insider buying within the past six months.

Alliant Energy Corp. (Symbol: LNT), which makes up 0.59% of the First Trust Mid Cap Value AlphaDEX Fund ( FNK ), 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 $266,937 worth of LNT, making it the #80 largest holding. The table below details the recent insider buying activity observed at LNT:

LNT - last trade: $62.29 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
09/01/2015 Deborah B. Dunie Director 1,000 $55.63 $55,630
11/10/2015 Susan D. Whiting Director 2,700 $57.50 $155,244

And United Natural Foods Inc. (Symbol: UNFI), the #106 largest holding among components of the First Trust Mid Cap Value AlphaDEX Fund ( FNK ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $209,754 worth of UNFI, which represents approximately 0.47% 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: $41.28 - 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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