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Insiders Bullish on Certain Holdings of RPV

By Market News Video Staff, Friday, October 19, 10:05 AM ET

A look at the weighted underlying holdings of the Guggenheim S&P 500 Pure Value ETF (RPV) shows an impressive 17.2% of holdings on a weighted basis have experienced insider buying within the past six months.

Southwest Airlines Co (NYSE:LUV), which makes up 0.85% of the Guggenheim S&P 500 Pure Value ETF (RPV), 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 $747,091 worth of LUV, making it the #47 largest holding. The table below details the recent insider buying activity observed at LUV:

LUV — last trade: $8.98 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
04/24/2012 Douglas H. Brooks Director 5,000 $7.90 $39,500.00
05/18/2012 William H. DR Cunningham Director 10,000 $8.23 $82,300.00
06/04/2012 Nancy B. Loeffler Director 130 $8.77 $1,139.72

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