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MLP ETF -- Insider Buying Index Registering 15.0%

A look at the weighted underlying holdings of the MLP ETF (Symbol: MLPA) shows an impressive 15.0% of holdings on a weighted basis have experienced insider buying within the past six months.

Enterprise Products Partners L.P. (Symbol: EPD), which makes up 11.97% of the MLP ETF (Symbol: MLPA), 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 $24,794,515 worth of EPD, making it the #1 largest holding. The table below details the recent insider buying activity observed at EPD:

EPD — last trade: $28.54 — Recent Insider Buys:

And NuStar Energy LP (Symbol: NS), the #14 largest holding among components of the MLP ETF (Symbol: MLPA), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $6,327,210 worth of NS, which represents approximately 3.05% of the ETF's total assets at last check. The recent insider buying activity observed at NS is detailed in the table below:

NS — last trade: $26.28 — 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.

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