A look at the weighted underlying holdings of the Direxion Large Cap Insider Sentiment Shares (INSD) shows an impressive 14.1% of holdings on a weighted basis have experienced insider buying within the past six months.
GameStop Corp (NYSE:GME), which makes up 2.63% of the Direxion Large Cap Insider Sentiment Shares (INSD), 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 $108,483 worth of GME, making it the #3 largest holding. The table below details the recent insider buying activity observed at GME:
GME — last trade: $18.57 — Recent Insider Buys:
Julian Paul Raines
Chief Executive Officer
And Fifth Third Bancorp (NASDAQ:FITB), the #12 largest holding among components of the Direxion Large Cap Insider Sentiment Shares (INSD), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $85,968 worth of FITB, which represents approximately 2.09% of the ETF's total assets at last check. The recent insider buying activity observed at FITB is detailed in the table below:
This Article's Word Cloud:BuyingBuysDefinitionDirectorDirexionETFsEarningsFITBFifthFormINSDImportanceInsiderIsaacLargePricePurchasedRecentSentimentShareSharesStartTitleValueWilliamactivitybelowbuyingdirectorsfilingholdingholdingsholdsinsiderlargestlastmakesmonthsobservedofficerspastpurchasesrecentshowstabletotaltradeweightedwhichworth
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.