Insiders Bullish on Certain Holdings of TOLZ

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:

Purchased	Insider	Title	Shares	Price/Share	Value
12/22/2022	Katherine Wanner	Director	3,370	$41.79	$140,832
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:

Purchased	Insider	Title	Shares	Price/Share	Value
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