A look at the weighted underlying holdings of the First Trust Utilities AlphaDEX Fund (Symbol: FXU) shows an impressive 20.3% of holdings on a weighted basis have experienced insider buying within the past six months.
NextEra Energy Inc (Symbol: NEE), which makes up 0.88% of the First Trust Utilities AlphaDEX Fund (Symbol: FXU), 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 $12,742,072 worth of NEE, making it the #32 largest holding. The table below details the recent insider buying activity observed at NEE:
NEE - last trade: $126.86 - Recent Insider Buys:
|11/02/2016||Amy B. Lane||Director||1,000||$122.90||$122,900|
|12/05/2016||John L. Skolds||Director||800||$114.96||$91,967|
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.