This ETF Holds Stocks Insiders Want to Own
ETF Channel Staff - Thursday, November 16, 10:02 AMA look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 13.5% of holdings on a weighted basis have experienced insider buying within the past six months.
Limbach Holdings Inc (LMB), which makes up 0.68% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), 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 $1,058,118 worth of LMB, making it the #63 largest holding. The table below details the recent insider buying activity observed at LMB:
LMB — last trade: $39.42 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
08/22/2023 |
Jayme L. Brooks |
Chief Financial Officer |
1,398 |
$34.68 |
$48,484 |
08/21/2023 |
Michael M. McCann |
Chief Executive Officer |
2,866 |
$35.47 |
$101,664 |
And HomeTrust Bancshares Inc. (HTBI), the #79 largest holding among components of the First Trust Dow Jones Select MicroCap Index Fund (FDM), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $895,626 worth of HTBI, which represents approximately 0.58% of the ETF's total assets at last check. The recent insider buying activity observed at HTBI is detailed in the table below:
HTBI — last trade: $22.96 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
05/19/2023 |
Robert E. James |
Director |
2,500 |
$20.02 |
$50,052 |
11/02/2023 |
Richard Tyrone Williams |
Director |
1,000 |
$21.30 |
$21,300 |