Insider buying activity has been notable in the WBI Power Factor High Dividend ETF (WBIY), with 12.5% of its weighted holdings showing such activity in the past six months. Organon & Co (OGN), comprising 1.43% of the ETF’s portfolio valued at $812,980, has had six directors and officers purchase shares recently.
Significant purchases include Kevin Ali, the CEO, buying 34,000 shares at $8.80, totaling $299,370, and Matthew M. Walsh, the CFO, buying 11,400 shares at $8.82 for $100,548. Additionally, Northwest Bancshares, Inc. (NWBI), amounting to approximately 0.28% of the ETF with a holding value of $157,163, also saw insider buying with director Timothy M. Hunter purchasing 10,000 shares at $13.13, totaling $131,300.
