In the halls of Wall Street, whispers of insider trading can send ripples of speculation and intrigue through the financial landscape. Recent data on the iShares MSCI USA Value Factor ETF (VLUE) has shed light on a noteworthy trend: a significant 12.2% of underlying holdings have witnessed insider buying over the last six months.
Altria Group Inc: In the Limelight
Altria Group Inc (MO), holding a respectable 1.11% of the VLUE ETF, has been at the center stage of this insider activity. Reports reveal that 2 directors and officers have made strategic share purchases in the past half-year, as per Form 4 filings. With the ETF boasting a total of $80,856,078 invested in MO, placing it as the 25th largest holding, the spotlight shines bright on the recent insider buying at MO.
Noteworthy Transactions at MO:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/06/2023 | Robert Matthews Davis | Director | 1,200 | $40.50 | $48,599 |
| 11/06/2023 | Ian L.T. Clarke | Director | 1,100 | $40.57 | $44,625 |
Embarking on Fidelity National Information Services Inc Journey
Turning our gaze to Fidelity National Information Services Inc (FIS), the 67th largest holding within VLUE ETF. Recent Form 4 filings have hinted at insider activity, with 2 directors and officers making purchases. With the ETF having $30,217,536 invested in FIS, representing around 0.42% of total assets, the narrative of insider trading takes an intriguing twist with FIS.
Recent Insider Buys at FIS:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 10/17/2023 | Ellen R. Alemany | Director | 855 | $53.00 | $45,315 |
| 10/17/2023 | Jeffrey A. Goldstein | Director | 1,045 | $53.00 | $55,385 |
| 01/17/2024 | Jeffrey A. Goldstein | Director | 899 | $60.32 | $54,228 |
| 01/17/2024 | Ellen R. Alemany | Director | 735 | $60.32 | $44,335 |
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