A look at the weighted underlying holdings of the First Trust Financials AlphaDEX Fund (Symbol: FXO) shows an impressive 12.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Markel Corp (Symbol: MKL), which makes up 1.67% of the First Trust Financials AlphaDEX Fund (Symbol: FXO), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $18,989,728 worth of MKL, making it the #7 largest holding. The table below details the recent insider buying activity observed at MKL:
MKL — last trade: $1270.02 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/10/2022 | Anthony F. Markel | Director | 80 | $1305.14 | $104,411 |
| 05/06/2022 | A. Lynne Puckett | Director | 78 | $1319.71 | $102,937 |
| 05/09/2022 | Thomas Sinnickson Gayner | Co-Chief Executive Officer | 50 | $1306.00 | $65,300 |
And Affiliated Managers Group Inc. (Symbol: AMG), the #34 largest holding among components of the First Trust Financials AlphaDEX Fund (Symbol: FXO), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $14,629,958 worth of AMG, which represents approximately 1.29% of the ETF's total assets at last check. The recent insider buying activity observed at AMG is detailed in the table below:
AMG — last trade: $116.92 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 02/15/2022 | Reuben Jeffery III | Director | 3,500 | $143.96 | $503,860 |
| 02/22/2022 | Tracy P. Palandjian | Director | 3,700 | $137.67 | $509,379 |
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