Insider Buying Activity Highlights Key Real Estate ETFs
Recent data reveals that a significant 12.4% of holdings in the iShares Mortgage Real Estate ETF (Symbol: REM) have seen insider buying in the last six months.
Blackstone Mortgage Trust Sees Notable Insider Buys
Blackstone Mortgage Trust Inc (Symbol: BXMT), which accounts for 4.70% of REM, has attracted attention with three of its directors and officers purchasing shares recently. The ETF’s stake in BXMT totals $30,237,156, making it the sixth largest holding. Below are the latest insider buying details for BXMT:
BXMT — Last Trade: $18.26 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/02/2024 | Timothy Steven Johnson | Director | 57,050 | $17.50 | $998,375 |
| 08/05/2024 | Katharine A. Keenan | CEO & President | 16,000 | $17.16 | $274,634 |
| 08/08/2024 | Henry N. Nassau | Director | 10,000 | $17.52 | $175,179 |
ARMOUR Residential REIT Reflects Insider Confidence
ARMOUR Residential REIT Inc. (Symbol: ARR) is another key player, representing the 17th largest holding in REM, with three insiders recently reporting purchases. The ETF’s investment in ARR is valued at $14,130,354, about 2.19% of its total assets. The table below shows the recent insider buying for ARR:
ARR — Last Trade: $19.01 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/30/2024 | Desmond Macauley | Co-Chief Investment Officer | 1,000 | $19.02 | $19,020 |
| 10/03/2024 | Daniel C. Staton | Chairman of the Board | 10,000 | $19.86 | $198,570 |
| 11/07/2024 | Robert C. Hain | Director | 2,500 | $19.08 | $47,698 |
10 ETFs With Stocks That Insiders Are Buying »
Additional Resources:
• YTD Return
• EYE Historical Stock Prices
• FNB Insider Buying
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
