This ETF Holds Stocks Insiders Want to Own

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This ETF Holds Stocks Insiders Want to Own


A look at the weighted underlying holdings of the ProShares ProShares DJ Brookfield Global Infrastructure ETF (Symbol: TOLZ) shows an impressive 12.1% of holdings on a weighted basis have experienced insider buying within the past six months.

Crown Castle International Corp (Symbol: CCI), which makes up 5.23% of the ProShares ProShares DJ Brookfield Global Infrastructure ETF (Symbol: TOLZ), 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 $7,109,682 worth of CCI, making it the #6 largest holding. The table below details the recent insider buying activity observed at CCI:

CCI — last trade: $181.90 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/14/2021 Kevin A. Stephens Director 310 $181.53 $56,273
07/26/2021 J. Landis Martin Director 11,200 $191.51 $2,144,858

And Energy Transfer LP (Symbol: ET), the #23 largest holding among components of the ProShares ProShares DJ Brookfield Global Infrastructure ETF (Symbol: TOLZ), shows 4 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $2,056,453 worth of ET, which represents approximately 1.51% of the ETF’s total assets at last check. The recent insider buying activity observed at ET is detailed in the table below:

ET — last trade: $9.68 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
05/11/2021 Ray W. Washburne Director 200,000 $9.53 $1,905,300
05/19/2021 Bradford D. Whitehurst CFO 5,000 $10.14 $50,681
08/09/2021 Kelcy L. Warren Executive Chairman 1,089,828 $9.17 $9,993,723
08/09/2021 Bradford D. Whitehurst CFO 5,000 $9.21 $46,025
08/06/2021 Kelcy L. Warren Executive Chairman 949,542 $9.35 $8,878,218
08/10/2021 Kelcy L. Warren Executive Chairman 960,630 $9.41 $9,039,528
08/19/2021 Bradford D. Whitehurst CFO 6,000 $8.78 $52,650
08/19/2021 Ray W. Washburne Director 100,000 $8.90 $889,900
09/15/2021 Richard D. Brannon Director 24,500 $9.33 $228,585
09/17/2021 Richard D. Brannon Director 44,000 $9.18 $403,880

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