A look at the weighted underlying holdings of the First Trust Nasdaq Bank ETF (FTXO) shows an impressive 28.9% of holdings on a weighted basis have experienced insider buying within the past six months.
Cullen/Frost Bankers, Inc. (Symbol: CFR), which makes up 1.01% of the First Trust Nasdaq Bank ETF (FTXO), has seen 4 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $1,239,659 worth of CFR, making it the #30 largest holding. The table below details the recent insider buying activity observed at CFR:
CFR — last trade: $87.89 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/04/2023 | Bobby Berman | GEVP Research & Strategy | 1,500 | $95.25 | $142,875 |
| 05/10/2023 | Chris Avery | Director | 5,000 | $95.75 | $478,750 |
| 05/15/2023 | Howard Willome John | Director | 2,000 | $98.66 | $197,312 |
| 05/05/2023 | Howard L. Kasanoff | GEVP Chief Credit Officer | 1,000 | $100.50 | $100,500 |
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