13.2% of INSD Holdings Seeing Recent Insider Buys
ETF Channel Staff - Monday, October 1, 10:17 AMA look at the weighted underlying holdings of the Direxion Large Cap Insider Sentiment Shares (INSD) shows an impressive 13.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Xylem Inc. (XYL), which makes up 0.36% of the Direxion Large Cap Insider Sentiment Shares (INSD), 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 $15,211 worth of XYL, making it the #59 largest holding. The table below details the recent insider buying activity observed at XYL:
XYL — last trade: $25.15 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 04/02/2012 |
Christopher R. McIntire |
SVP, and President, Analytics |
3,529 |
$28.28 |
$99,788.12 |
| 08/21/2012 |
Edward J. Ludwig |
Director |
1,000 |
$25.60 |
$25,598.10 |
And Lorillard, Inc. (LO), the #93 largest holding among components of the Direxion Large Cap Insider Sentiment Shares (INSD), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $13,852 worth of LO, which represents approximately 0.33% of the ETF's total assets at last check. The recent insider buying activity observed at LO is detailed in the table below:
LO — last trade: $116.45 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 06/11/2012 |
Blixt Dianne Neal |
Director |
29 |
$126.28 |
$3,674.20 |
| 06/11/2012 |
Houghton Lewis |
Vice President and Treasurer |
15 |
$123.41 |
$1,832.61 |
| 06/11/2012 |
Robert C. Almon |
Director |
263 |
$103.02 |
$27,044.68 |
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