A look at the weighted underlying holdings of the First Trust Energy AlphaDEX Fund (FXN) shows an impressive 16.6% of holdings on a weighted basis have experienced insider buying within the past six months.
HollyFrontier Corp (Symbol: HFC), which makes up 4.62% of the First Trust Energy AlphaDEX Fund (FXN), 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 $23,534,259 worth of HFC, making it the #7 largest holding. The table below details the recent insider buying activity observed at HFC:
HFC — last trade: $34.30 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/10/2021 | Michael E. Rose | Director | 13,500 | $28.92 | $390,420 |
| 08/10/2021 | Franklin Myers | Director | 5,000 | $29.20 | $146,000 |
| 08/10/2021 | Michael Jennings | CEO and President | 7,500 | $29.07 | $218,025 |
| 11/12/2021 | Franklin Myers | Director | 20,000 | $34.56 | $691,200 |
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