A look at the weighted underlying holdings of the Mortgage REIT Income ETF (AMEX: MORT) shows an impressive 39.9% of holdings on a weighted basis have experienced insider buying within the past six months.
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MFA Financial, Inc. (NYSE: MFA), which makes up 5.27% of the Mortgage REIT Income ETF (AMEX: MORT), 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 $6,073,916 worth of MFA, making it the #4 largest holding. The table below details the recent insider buying activity observed at MFA:
MFA — last trade: $8.90 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 05/29/2013 | Craig L. Knutson | Executive Vice President | 4,000 | $8.53 | $34,120.00 |
| 05/29/2013 | William S. Gorin | President | 2,000 | $8.57 | $17,140.00 |
| 05/29/2013 | Ronald A. Freydberg | Executive Vice President | 10,000 | $8.56 | $85,600.00 |
And Two Harbors Investment Corp (NYSE: TWO), the #7 largest holding among components of the Mortgage REIT Income ETF (AMEX: MORT), shows 5 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $5,300,944 worth of TWO, which represents approximately 4.60% of the ETF's total assets at last check. The recent insider buying activity observed at TWO is detailed in the table below:
TWO — last trade: $11.17 — Recent Insider Buys:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 02/19/2013 | Thomas Siering | CEO, President | 8,200 | $12.57 | $103,074.00 |
| 02/21/2013 | William Roth | Vice President, CIO | 3,000 | $12.38 | $37,140.00 |
| 02/22/2013 | Brad Farrell | Vice Pres., CFO & Treasurer | 400 | $12.45 | $4,980.00 |
| 05/24/2013 | James J. Bender | Director | 10,000 | $11.46 | $114,600.00 |
| 05/24/2013 | William Reid Sanders | Director | 5,000 | $11.45 | $57,250.00 |
