First Trust US IPO Index Fund -- Insider Buying Index Registering 11.6%
September 15, 2014 at 09:50 AM EDT
A look at the weighted underlying holdings of the First Trust US IPO Index Fund (FPX) shows an impressive 11.6% of holdings on a weighted basis have experienced insider buying within the past six months. Start slideshow:10 ETFs With Stocks That Insiders Are Buying Kosmos Energy Ltd (KOS), which makes up 0.39% of the First Trust US IPO Index Fund (FPX), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data.