|Bid||56.21 x 300|
|Ask||0.00 x 0|
|Day's Range||56.34 - 56.49|
|52 Week Range||47.66 - 57.50|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
How investors can tap growing insider buying via ETFs.
Last month, an outside-the-box-thinking ETF, the CrowdInvest Wisdom (WIZE), closed after five months, which may be the shortest life span of an exchange-traded fund in history. WIZE tracked the CrowdInvest Wisdom Index, which comprised U.S.-listed securities selected and weighted according to the results of a public poll taken through the CrowdInvest Internet Platform mobile application.
Insider-sentiment ETFs are designed around the idea that top employees within a company have a better view of its fundamentals. If they are buying their company’s own stock, it probably means the company is in good fundamental health, or the stock is a good value buy. It’s almost like investing with an insider track. And that’s what investors like about these types of funds.