Insider Buying Highlights in WBI Power Factor High Dividend ETF
A recent review of the WBI Power Factor High Dividend ETF (WBIY) indicates a noteworthy 16.3% of its weighted holdings have seen insider purchases in the last six months.
Organon & Co (Symbol: OGN)
Organon & Co, accounting for 1.37% of WBIY, has had five directors and officers purchase shares, as revealed by the latest Form 4 data. The ETF’s stake in OGN is valued at $741,535, ranking it as the 30th largest holding. Below is a summary of recent insider transactions at OGN:
Last Trade: $8.71 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/05/2025 | Matthew M. Walsh | Chief Financial Officer | 11,400 | $8.82 | $100,548 |
| 05/05/2025 | Kevin Ali | Chief Executive Officer | 34,000 | $8.80 | $299,370 |
| 05/07/2025 | Aaron Falcione | Chief Human Resources Officer | 5,500 | $8.77 | $48,235 |
| 05/06/2025 | Kirke Weaver | Gen. Counsel & Corp. Secy. | 8,045 | $9.21 | $74,054 |
| 05/06/2025 | Daniel Karp | Executive VP, Corp. Dev. | 3,500 | $8.24 | $28,828 |
Northwest Bancshares, Inc. (Symbol: NWBI)
Northwest Bancshares, Inc., the 47th largest holding in WBIY, has seen two directors and officers file Form 4 reports indicating recent purchases. The ETF’s investment in NWBI is roughly $165,816, equating to about 0.31% of its total assets. The following table highlights the insider buying activity at NWBI:
Last Trade: $12.67 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 01/31/2025 | Timothy M. Hunter | Director | 10,000 | $13.13 | $131,300 |
| 02/04/2025 | Mark A. Paup | Director | 5,000 | $12.66 | $63,300 |
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