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BRX

Insiders Buy the Holdings of FRI ETF

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:

Purchased Insider Title Shares Price/Share Value
06/23/2015 Alexander Otto Director 1,000,000 $16.05 $16,048,546
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:

Purchased Insider Title Shares Price/Share Value
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

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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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