14.5% of IWN Holdings Seeing Recent Insider Buys
ETF Channel Staff - Friday, January 18, 10:08 AMA look at the weighted underlying holdings of the iShares Russell 2000 Value Index Fund (IWN) shows an impressive 14.5% of holdings on a weighted basis have experienced insider buying within the past six months.
Fifth Street Finance Corporation (FSC), which makes up 0.17% of the iShares Russell 2000 Value Index Fund (IWN), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $7,983,006 worth of FSC, making it the #151 largest holding. The table below details the recent insider buying activity observed at FSC:
FSC — last trade: $10.63 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 08/14/2012 |
Ivelin M. Dimitrov |
Chief Investment Officer |
1,000 |
$10.33 |
$10,328.90 |
| 08/28/2012 |
Leonard M. Tannenbaum |
CEO |
10,000 |
$10.47 |
$104,750.00 |
| 12/04/2012 |
Leonard M. Tannenbaum |
CEO |
10,000 |
$10.43 |
$104,300.00 |
| 12/06/2012 |
Ivelin M. Dimitrov |
Chief Investment Officer |
1,000 |
$10.58 |
$10,578.94 |
| 12/28/2012 |
Bernard D. Berman |
President, CCO & Secretary |
1,000 |
$10.18 |
$10,179.90 |
And Intersil Corp. (ISIL), the #159 largest holding among components of the iShares Russell 2000 Value Index Fund (IWN), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $7,966,614 worth of ISIL, which represents approximately 0.17% of the ETF's total assets at last check. The recent insider buying activity observed at ISIL is detailed in the table below:
ISIL — last trade: $8.75 — Recent Insider Buys:
| Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
| 08/09/2012 |
Robert W. Conn |
Director |
5,000 |
$9.14 |
$45,694.25 |
| 08/15/2012 |
David B. Bell |
President and CEO |
5,000 |
$9.26 |
$46,283.00 |
| 11/01/2012 |
Donald Macleod |
Director |
50,000 |
$7.26 |
$363,250.00 |