A look at the weighted underlying holdings of the S&P 500 High Beta Portfolio (NYSE:SPHB) shows an impressive 17.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Alcoa, Inc. (NYSE:AA), which makes up 0.95% of the S&P 500 High Beta Portfolio (NYSE:SPHB), 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 $633,461 worth of AA, making it the #48 largest holding. The table below details the recent insider buying activity observed at AA:
AA — last trade: $8.43 — Recent Insider Buys:
And Cliffs Natural Resources, Inc. (NYSE:CLF), the #62 largest holding among components of the S&P 500 High Beta Portfolio (NYSE:SPHB), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $613,293 worth of CLF, which represents approximately 0.92% of the ETF's total assets at last check. The recent insider buying activity observed at CLF is detailed in the table below:
CLF — last trade: $48.69 — Recent Insider Buys:
GC, Corp. Affairs & Secretary
P. Kelly Tompkins
EVP Legal Govt. Aff.& Sustain.
This Article's Word Cloud:AffairsAlcoaAndresBetaBuyingBuysCarolynCheverineCliffsCorpDirectorETFsFormGluskiHighInsiderNYSEPortfolioPricePurchasedRatanRecentSPHBShareSharesTataTitleValueactivitybelowbuyingdirectorsholdingholdingsholdsinsiderlargestlastmonthsobservedofficerspastrecentshowstabletotaltradeweightedwhichworth
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.