Unearthing the Gem: ETF Revels in Stocks Loved by Insiders

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The Allure of Insiders’ Picks

Uncovering hidden gems in the stock market often feels akin to discovering a sparkling treasure chest buried beneath a sea of mundane investments. The FT Energy Income Partners Strategy ETF (EIPX) offers a glimpse into this world with a noteworthy 15.7% of its weighted holdings showcasing insider purchases in the last half-year.

DT Midstream Inc: A Beacon of Insider Confidence

Among the stars in EIPX’s constellation shines DT Midstream Inc (Symbol: DTM), exerting its gravitational pull within the ETF at 1.97%. In a testimonial to the faith insiders have in DTM, two directors and officers have recently bolstered their portfolios with shares of the company. The latest Form 4 data provides a peek behind the curtain, revealing a total EIPX stake of $5,102,948 in DTM, securing its spot as the #15 largest holding. The narrative of insider conviction is further detailed in the insider trading tableau for DTM:

Purchased Insider Title Shares Price/Share Value
11/06/2023 Jeffrey A. Jewell Executive V.P., CFO 298 $56.15 $16,733
02/26/2024 Robert C. Skaggs Jr. Director 1,000 $56.87 $56,870

10 ETFs With Stocks That Insiders Are Buying

Exploring Further Insights

Also see:

• Top Ten Hedge Funds Holding RNMC
• WAB RSI
• GTIP Historical Stock Prices

The perspectives shared herein belong to the author and do not necessarily mirror those of Nasdaq, Inc.

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