11.1% of FPX Holdings Seeing Recent Insider Buys
July 09, 2014 at 09:59 AM EDT
A look at the weighted underlying holdings of the First Trust US IPO Index Fund (FPX) shows an impressive 11.1% of holdings on a weighted basis have experienced insider buying within the past six months. Start slideshow:10 ETFs With Stocks That Insiders Are Buying Murphy USA Inc (MUSA), which makes up 0.23% of the First Trust US IPO Index Fund (FPX), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data.