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:
|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:
|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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