Credit: Shutterstock photoA look at the weighted underlying holdings of the First Trust Energy AlphaDEX Fund ( FXN ) shows an impressive 13.9% of holdings on a weighted basis have experienced insider buying within the past six months.
Chesapeake Energy Corp. (Symbol: CHK), which makes up 2.73% of the First Trust Energy AlphaDEX Fund ( FXN ), 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 $36,774,691 worth of CHK, making it the #16 largest holding. The table below details the recent insider buying activity observed at CHK:
CHK - last trade: $5.70 - Recent Insider Buys:
And Apache Corp (Symbol: APA), the #19 largest holding among components of the First Trust Energy AlphaDEX Fund ( FXN ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $35,235,146 worth of APA, which represents approximately 2.61% of the ETF's total assets at last check. The recent insider buying activity observed at APA is detailed in the table below:
APA - last trade: $58.32 - Recent Insider Buys:
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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.
