A look at the weighted underlying holdings of the MLP ETF ( MLPA ) shows an impressive 21.7% of holdings on a weighted basis have experienced insider buying within the past six months.
Energy Transfer Partners L.P.UNITS Repres (Symbol: ETP), which makes up 7.03% of the MLP ETF ( MLPA ), 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 $13,048,178 worth of ETP, making it the #6 largest holding. The table below details the recent insider buying activity observed at ETP:
ETP - last trade: $21.47 - Recent Insider Buys:
|09/10/2018||Kelcy L. Warren||Chief Executive Officer||2,000,000||$22.42||$44,848,720|
|09/14/2018||Thomas E. Long||Chief Financial Officer||10,000||$22.33||$223,300|
And Genesis Energy L.P. (Symbol: GEL), the #14 largest holding among components of the MLP ETF ( MLPA ), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $5,727,731 worth of GEL, which represents approximately 3.09% of the ETF's total assets at last check. The recent insider buying activity observed at GEL is detailed in the table below:
GEL - last trade: $19 - Recent Insider Buys:
|09/05/2018||Garland G. Gaspard||Vice President||1,247||$24.07||$30,015|
|12/18/2018||Chad Anthony Landry||Vice President||10,000||$19.75||$197,500|
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