Insider Buying at Northern Oil & Gas Boosts First Trust Natural Gas ETF
The First Trust Natural Gas ETF (FCG) highlights a notable trend: 16.3% of its weighted underlying holdings have seen insider buying in the past six months. This surge in insider activity may indicate confidence among company executives and directors.
Among the ETF’s components, Northern Oil & Gas Inc (Symbol: NOG) stands out. Representing 1.41% of FCG, this company has recorded purchases by three directors and officers in the last half-year, as detailed in recent Form 4 filings. The ETF holds a total of $4,560,198 in NOG, ranking it as the 28th largest investment within the fund.
NOG — Last Trade: $22.93 — Recent Insider Purchases
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 03/04/2025 | Stuart G. Lasher | Director | 20,000 | $27.62 | $552,400 |
| 03/03/2025 | Nicholas L. O’grady | CEO | 1,500 | $28.59 | $42,884 |
| 03/04/2025 | Bahram Akradi | Director | 40,000 | $28.03 | $1,121,360 |
| 03/07/2025 | Nicholas L. O’grady | CEO | 1,000 | $27.48 | $27,480 |
Explore 10 ETFs That Feature Stocks with Insider Purchases
Additional Insights:
– Hedge Fund Activity Among Individual Components
– SGMT Shares Outstanding History
– Institutional Holders of RORE
The views and opinions expressed herein are those of the author and may not reflect those of Nasdaq, Inc.
