ETF Channel Finds Strong Insider Buying in FIW Holdings
October 08, 2013 at 09:40 AM EDT
A look at the weighted underlying holdings of the First Trust ISE Water Index Fund (FIW) shows an impressive 51.6% 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 Energy Recovery Inc (ERII), which makes up 19.75% of the First Trust ISE Water Index Fund (FIW), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data.