Insiders Bullish on Certain Holdings of PSCF
ETF Channel Staff - Tuesday, August 3, 9:45 AMA look at the weighted underlying holdings of the Invesco S&P SmallCap Financials ETF (PSCF) shows an impressive 11.5% of holdings on a weighted basis have experienced insider buying within the past six months.
Pacific Premier Bancorp Inc (PPBI), which makes up 1.41% of the Invesco S&P SmallCap Financials ETF (PSCF), 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 $703,870 worth of PPBI, making it the #8 largest holding. The table below details the recent insider buying activity observed at PPBI:
PPBI — last trade: $37.68 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
02/19/2021 |
Joseph L. Garrett |
Director |
500 |
$38.44 |
$19,220 |
06/09/2021 |
Jaynie M. Studenmund |
Director |
4,200 |
$46.59 |
$195,678 |
And B. Riley Financial Inc (RILY), the #105 largest holding among components of the Invesco S&P SmallCap Financials ETF (PSCF), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $228,622 worth of RILY, which represents approximately 0.46% of the ETF's total assets at last check. The recent insider buying activity observed at RILY is detailed in the table below:
RILY — last trade: $66.44 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
05/06/2021 |
Andrew Moore |
CEO B. Riley Securities, Inc. |
5,000 |
$67.68 |
$338,424 |
06/07/2021 |
Bryant R. Riley |
Chairman and Co-CEO |
33,316 |
$66.91 |
$2,229,285 |
06/15/2021 |
Kenneth M. Young |
President |
1,200 |
$66.06 |
$79,275 |