A look at the weighted underlying holdings of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) shows an impressive 17.2% of holdings on a weighted basis have experienced insider buying within the past six months.
New Fortress Energy Inc (Symbol: NFE), which makes up 0.09% of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), 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 $129,795 worth of NFE, making it the #68 largest holding. The table below details the recent insider buying activity observed at NFE:
NFE — last trade: $28.98 — Recent Insider Buys:
|05/24/2023||Timothy W. Jay||Director||6,000||$28.13||$168,760|
|05/26/2023||Desmond Iain Catterall||Director||4,734||$26.54||$125,640|
And Genesis Energy L.P. (Symbol: GEL), the #69 largest holding among components of the ProShares DJ Brookfield Global Infrastructure ETF (TOLZ), shows 2 directors and officers as recently filing Form 4’s indicating purchases. The ETF holds $105,052 worth of GEL, which represents approximately 0.07% of the ETF’s total assets at last check. The recent insider buying activity observed at GEL is detailed in the table below:
GEL — last trade: $9.64 — Recent Insider Buys:
|03/01/2023||Ryan S. Sims||Senior Vice President||1,700||$11.75||$19,975|
|05/10/2023||Ryan S. Sims||President & Chief Comm Officer||2,000||$9.70||$19,400|
|05/10/2023||William W. Rainsberger||SVP – Offshore||2,500||$9.65||$24,115|
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