A look at the weighted underlying holdings of the SPDR— S&P— Transportation ETF (Symbol: XTN) shows an impressive 10.2% of holdings on a weighted basis have experienced insider buying within the past six months.
Avis Budget Group Inc (Symbol: CAR), which makes up 2.59% of the SPDR— S&P— Transportation ETF (Symbol: XTN), 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 $12,557,626 worth of CAR, making it the #1 largest holding. The table below details the recent insider buying activity observed at CAR:
CAR — last trade: $108.13 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/12/2021 | Bernardo Hees | Executive Chairman | 63,000 | $79.39 | $5,001,845 |
| 06/10/2021 | Veresh Sita | EVP, CDIO (1) | 1,685 | $89.00 | $149,965 |
And Delta Air Lines Inc (Symbol: DAL), the #10 largest holding among components of the SPDR— S&P— Transportation ETF (Symbol: XTN), shows 3 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $11,221,353 worth of DAL, which represents approximately 2.32% of the ETF’s total assets at last check. The recent insider buying activity observed at DAL is detailed in the table below:
DAL — last trade: $42.59 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/19/2021 | Michael P. Huerta | Director | 500 | $46.08 | $23,039 |
| 07/19/2021 | David S. Taylor | Director | 3,000 | $38.25 | $114,750 |
| 08/03/2021 | David S. Taylor | Director | 5,000 | $39.30 | $196,485 |
| 08/31/2021 | John E. Laughter | EVP & Chief of Operations | 1,250 | $40.22 | $50,269 |
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