First Trust US IPO Index Fund -- Insider Buying Index Registering 10.1%
September 22, 2015 at 09:39 AM EDT
A look at the weighted underlying holdings of the First Trust US IPO Index Fund (FPX) shows an impressive 10.1% 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 Virtu Financial Class A (VIRT), which makes up 0.30% of the First Trust US IPO Index Fund (FPX), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data.