By Market News Video Staff, Wednesday, August 8, 10:13 AM ET
A look at the weighted underlying holdings of the Direxion NASDAQ-100® Equal Weighted Index Shares (AMEX:QQQE) shows an impressive 10.7% of holdings on a weighted basis have experienced insider buying within the past six months.
Fossil, Inc. (NASDAQ:FOSL), which makes up 1.74% of the Direxion NASDAQ-100® Equal Weighted Index Shares (AMEX:QQQE), 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 $65,309 worth of FOSL, making it the #4 largest holding. The table below details the recent insider buying activity observed at FOSL:
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