Credit: Shutterstock photoA look at the weighted underlying holdings of the MLP ETF ( MLPA ) shows an impressive 42.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Shell Midstream Partners LP (Symbol: SHLX), which makes up 3.28% of the MLP ETF ( MLPA ), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $6,175,585 worth of SHLX, making it the #14 largest holding. The table below details the recent insider buying activity observed at SHLX:
SHLX - last trade: $31.14 - Recent Insider Buys:
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
