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.
