Insiders Invest in FXZ ETF Holdings

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Insider buying within the First Trust Materials AlphaDEX Fund (FXZ) is notable, with 10.3% of its weighted holdings experiencing recent purchases. Key among these is Eastman Chemical Co (Symbol: EMN), accounting for 4.65% of the fund, where 11 directors and officers have bought shares in the past six months, totaling $10,346,120 in vested interest for the ETF. The last trade price for EMN was $68.78.

Recent insider purchases at EMN include notable figures like CEO Mark J. Costa, who bought 7,400 shares at $67.89, valued at $502,386. FMC Corp. (Symbol: FMC) also saw two insiders buying stocks, representing approximately 1.01% of the ETF’s total assets, with holdings worth $2,247,500. The last trade price for FMC was $15.01.

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