A look at the weighted underlying holdings of the First Trust Utilities AlphaDEX Fund (FXU) shows an impressive 16.3% of holdings on a weighted basis have experienced insider buying within the past six months.
Evergy Inc (Symbol: EVRG), which makes up 4.43% of the First Trust Utilities AlphaDEX Fund (FXU), 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 $8,001,707 worth of EVRG, making it the #1 largest holding. The table below details the recent insider buying activity observed at EVRG:
EVRG — last trade: $63.09 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 04/14/2021 | C. John Wilder | Director | 2,269,447 | $49.87 | $113,177,322 |
| 09/23/2021 | David A. Campbell | President and CEO | 7,850 | $63.66 | $499,699 |
| 09/23/2021 | Kirkland B. Andrews | EVP – Chief Financial Officer | 7,875 | $63.67 | $501,392 |
| 09/24/2021 | C. John Wilder | Director | 39,580 | $63.61 | $2,517,798 |
And Vistra Corp (Symbol: VST), the #40 largest holding among components of the First Trust Utilities AlphaDEX Fund (FXU), shows 5 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $1,402,480 worth of VST, which represents approximately 0.78% of the ETF’s total assets at last check. The recent insider buying activity observed at VST is detailed in the table below:
VST — last trade: $17.11 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/07/2021 | James A. Burke | President and CFO | 50,000 | $15.77 | $788,440 |
| 05/06/2021 | Curtis A. Morgan | CEO | 61,730 | $15.88 | $980,581 |
| 05/07/2021 | Brian K. Ferraioli | Director | 4,000 | $15.72 | $62,891 |
| 05/12/2021 | Brian K. Ferraioli | Director | 2,000 | $16.00 | $32,000 |
| 05/17/2021 | Brian K. Ferraioli | Director | 8,000 | $15.94 | $127,544 |
| 05/06/2021 | Scott B. Helm | Director | 10,000 | $15.68 | $156,800 |
| 05/07/2021 | John R. Sult | Director | 15,830 | $15.80 | $250,051 |
| 08/19/2021 | Scott B. Helm | Director | 5,000 | $17.98 | $89,890 |
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