16.1% of IWC Holdings Seeing Recent Insider Buys
ETF Channel Staff - Friday, December 7, 11:30 AMA look at the weighted underlying holdings of the iShares Russell Microcap (IWC) shows an impressive 16.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Berkshire Hills Bancorp, Inc. (BHLB), which makes up 0.26% of the iShares Russell Microcap (IWC), 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 $1,173,645 worth of BHLB, making it the #15 largest holding. The table below details the recent insider buying activity observed at BHLB:
BHLB — last trade: $22.82 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 08/14/2012 |
Sean Gray |
SVP - Retail Banking |
445 |
$22.26 |
$9,906.15 |
| 11/27/2012 |
John B. Davies |
Director |
800 |
$22.39 |
$17,914.72 |
And Radian Group, Inc. (RDN), the #17 largest holding among components of the iShares Russell Microcap (IWC), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $1,138,980 worth of RDN, which represents approximately 0.25% of the ETF's total assets at last check. The recent insider buying activity observed at RDN is detailed in the table below:
RDN — last trade: $4.78 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 08/03/2012 |
Sanford A. Ibrahim |
Chief Executive Officer |
15,000 |
$2.74 |
$41,157.00 |
| 08/03/2012 |
Edward J. Hoffman |
EVP, General Counsel |
4,000 |
$2.81 |
$11,239.60 |
| 08/06/2012 |
Richard Altman |
COO of Radian Guaranty Inc. |
2,450 |
$3.07 |
$7,519.05 |
| 08/17/2012 |
Sanford A. Ibrahim |
Chief Executive Officer |
10,000 |
$3.25 |
$32,505.00 |
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