Recent data indicates that 12.5% of the weighted holdings in the VanEck Social Sentiment ETF (BUZZ) have experienced insider buying in the past six months. GameStop Corp (GME) accounts for 3.19% of the ETF, valued at approximately $3,700,446, and has seen purchases from three directors and officers during this period.
Significant insider transactions for GME include 1,000,000 shares purchased by Ryan Cohen, President and CEO, at an average price of $21.36 for a total value of $21,359,200, and 24,000 shares bought by Director Alain Attal at prices ranging from $20.90 to $21.63. Additionally, DraftKings Inc (DKNG), another component of the ETF, noted two director purchases totaling approximately $1,060,200, with a value of $441,989 in total ETF holdings, representing 0.38% of BUZZ’s assets.
