Markets

Strong Insider Buying Reported in MORT Holdings

A look at the weighted underlying holdings of the Mortgage REIT Income ETF (Symbol: MORT) shows an impressive 35.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Two Harbors Investment Corp (Symbol: TWO), which makes up 5.02% of the Mortgage REIT Income ETF (Symbol: MORT), 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 $4,620,959 worth of TWO, making it the #4 largest holding. The table below details the recent insider buying activity observed at TWO:

TWO - last trade: $7.84 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
11/13/2015 William Roth Chief Investment Officer 10,000 $8.28 $82,800
11/16/2015 William Reid Sanders Director 5,530 $8.24 $45,595

And Invesco Mortgage Capital Inc. (Symbol: IVR), the #10 largest holding among components of the Mortgage REIT Income ETF (Symbol: MORT), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $3,864,228 worth of IVR, which represents approximately 4.20% of the ETF's total assets at last check. The recent insider buying activity observed at IVR is detailed in the table below:

IVR - last trade: $11.30 - Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
08/20/2015 Richard J. King President & CEO 3,600 $13.83 $49,788
08/20/2015 John Anzalone CIO 1,200 $13.83 $16,596
09/14/2015 Richard J. King President & CEO 1,450 $13.42 $19,459
11/11/2015 Richard Lee Phegley Jr. Chief Financial Officer 1,853 $12.95 $23,996

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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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