A look at the weighted underlying holdings of the First Trust Mid Cap Value AlphaDEX Fund (AMEX: FNK) shows an impressive 17.3% of holdings on a weighted basis have experienced insider buying within the past six months.
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Aaron's, Inc. (NYSE: AAN), which makes up 0.87% of the First Trust Mid Cap Value AlphaDEX Fund (AMEX: FNK), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $615,202 worth of AAN, making it the #32 largest holding. The table below details the recent insider buying activity observed at AAN:
AAN — last trade: $32.39 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 08/12/2014 | H. Eugene Lockhart | Director | 1,950 | $25.67 | $50,056.50 |
| 08/15/2014 | Hubert L. Harris Jr. | Director | 1,000 | $25.00 | $25,000.00 |
And Worthington Industries, Inc. (NYSE: WOR), the #42 largest holding among components of the First Trust Mid Cap Value AlphaDEX Fund (AMEX: FNK), shows 5 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $575,697 worth of WOR, which represents approximately 0.81% of the ETF's total assets at last check. The recent insider buying activity observed at WOR is detailed in the table below:
WOR — last trade: $30.39 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 01/15/2015 | John B. Blystone | Director | 10,000 | $24.33 | $243,307.00 |
| 01/15/2015 | Joseph B. Hayek | VP Mergers & Acquisitions | 1,000 | $24.29 | $24,292.10 |
| 01/15/2015 | Michael J. Endres | Director | 40,000 | $24.47 | $978,680.00 |
| 01/15/2015 | Mark C. Davis | Director | 3,000 | $24.41 | $73,234.40 |
| 01/15/2015 | Ozey K. Horton Jr. | Director | 1,000 | $24.42 | $24,419.00 |
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