12.3% of FPX Holdings Seeing Recent Insider Buys

A look at the weighted underlying holdings of the First Trust US IPO Index Fund (FPX) shows an impressive 12.3% 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 Synchrony Financial (SYF), which makes up 2.48% of the First Trust US IPO Index Fund (FPX), has seen 6 directors and officers purchase shares in the past six months, according to the recent Form 4 data.
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