Delving into the hidden world of the Lithium ETF (Symbol: LIT), a staggering 14.3% of its weighted holdings have witnessed insider buying activity in the last six months.
Impressive Insider Boost
FMC Corp. (Symbol: FMC), constituting a substantial 13.52% of the Lithium ETF (Symbol: LIT), has had two directors and officers engaging in share acquisitions over the same period. As per recent Form 4 filings, the ETF boasts a massive $13,155,155 investment in FMC, positioning it as the second-largest holding within the fund.
Unveiling FMC’s Insider Transactions
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/27/2023 | Robert C. Pallash | Director | 3,845 | $52.48 | $201,786 |
| 03/04/2024 | Andrew D. Sandifer | EVP and CFO | 2,150 | $59.22 | $127,323 |
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