MLPA

Insiders Pile Into Holdings of MLPA ETF

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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:

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:

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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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