A look at the weighted underlying holdings of the First Trust S&P REIT Index Fund (Symbol: FRI) shows an impressive 15.1% of holdings on a weighted basis have experienced insider buying within the past six months.
DDR Corp. (Symbol: DDR), which makes up 0.71% of the First Trust S&P REIT Index Fund (Symbol: FRI), 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 $1,477,420 worth of DDR, making it the #35 largest holding. The table below details the recent insider buying activity observed at DDR:
DDR - last trade: $16.90 - Recent Insider Buys:
|08/25/2015||Robert H. Gidel||Director||1,300||$15.85||$20,605|
And Brixmor Property Group Inc (Symbol: BRX), the #43 largest holding among components of the First Trust S&P REIT Index Fund (Symbol: FRI), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $1,252,588 worth of BRX, which represents approximately 0.60% of the ETF's total assets at last check. The recent insider buying activity observed at BRX is detailed in the table below:
BRX - last trade: $25.77 - Recent Insider Buys:
|08/12/2015||Michael B. Berman||Director||5,000||$24.56||$122,800|
|08/27/2015||William D. Rahm||Director||5,000||$23.50||$117,500|