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Insiders Buy the Holdings of FTXH ETF

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A look at the weighted underlying holdings of the First Trust Nasdaq Pharmaceuticals ETF (Symbol: FTXH) shows an impressive 14.9% of holdings on a weighted basis have experienced insider buying within the past six months.

Medicines Co (Symbol: MDCO), which makes up 2.20% of the First Trust Nasdaq Pharmaceuticals ETF (Symbol: FTXH), 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 $41,093 worth of MDCO, making it the #16 largest holding. The table below details the recent insider buying activity observed at MDCO:

MDCO - last trade: $34.81 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
12/08/2016 Fredric N. Eshelman Director 621,720 $33.77 $20,993,462
12/08/2016 Christopher T. Cox EVP & Chief Corp. Dev. Officer 105,500 $33.20 $3,502,950

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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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