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Strong Insider Buying Reported in MMTM Holdings

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A look at the weighted underlying holdings of the SPDR S&P 1500 Momentum Tilt ETF (Symbol: MMTM) shows an impressive 8034.4% of holdings on a weighted basis have experienced insider buying within the past six months.

Delta Air Lines Inc (Symbol: DAL), which makes up 493.34% of the SPDR S&P 1500 Momentum Tilt ETF (Symbol: MMTM), 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 $53,345 worth of DAL, making it the #77 largest holding. The table below details the recent insider buying activity observed at DAL:

DAL - last trade: $47.45 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
04/17/2017 Francis S. Blake Director 5,665 $44.12 $249,949
08/24/2017 George N. Mattson Director 6,000 $45.44 $272,640

And S&P Global Inc (Symbol: SPGI), the #104 largest holding among components of the SPDR S&P 1500 Momentum Tilt ETF (Symbol: MMTM), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $42,906 worth of SPGI, which represents approximately 396.80% of the ETF's total assets at last check. The recent insider buying activity observed at SPGI is detailed in the table below:

SPGI - last trade: $151.93 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
03/15/2017 Stephanie C. Hill Director 400 $130.85 $52,341
05/30/2017 Marco Alvera Director 400 $140.09 $56,036

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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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