A look at the weighted underlying holdings of the First Trust Nasdaq Bank ETF (FTXO) shows an impressive 16.0% of holdings on a weighted basis have experienced insider buying within the past six months.
Fifth Third Bancorp (Symbol: FITB), which makes up 3.48% of the First Trust Nasdaq Bank ETF (FTXO), 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 $5,759,199 worth of FITB, making it the #9 largest holding. The table below details the recent insider buying activity observed at FITB:
FITB — last trade: $25.77 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 10/21/2022 | James C. Leonard | EVP & Chief Financial Officer | 3,893 | $32.16 | $125,179 |
| 10/21/2022 | Timothy Spence | President and CEO | 7,763 | $32.29 | $250,690 |
| 03/13/2023 | Gary R. Heminger | Director | 47,500 | $26.82 | $1,274,092 |
And Texas Capital Bancshares Inc (Symbol: TCBI), the #42 largest holding among components of the First Trust Nasdaq Bank ETF (FTXO), shows 2 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $830,412 worth of TCBI, which represents approximately 0.50% of the ETF’s total assets at last check. The recent insider buying activity observed at TCBI is detailed in the table below:
TCBI — last trade: $47.74 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 10/24/2022 | Timothy J. Storms | Chief Risk Officer | 4,400 | $57.21 | $251,724 |
| 10/24/2022 | Robert W. Stallings | Director | 14,900 | $55.85 | $832,192 |
| 12/08/2022 | Robert W. Stallings | Director | 5,000 | $56.79 | $283,950 |
10 ETFs With Stocks That Insiders Are Buying »
Also see:
RSOL Historical Stock Prices
UBS market cap history
Institutional Holders of USV
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
