Insiders are bullish on certain holdings of the EA Bridgeway Omni Small Cap Value ETF (BSVO). G-III Apparel Group Ltd. and Proto Labs Inc. have seen insider buying within the past six months. The ETF holds $6.3M worth of GIII and $5.1M worth of PRLB, which represent 0.41% and 0.33% of the ETF's total assets, respectively.
Insider buying activity can serve as a significant indicator of a company's prospects, and recent data from the EA Bridgeway Omni Small Cap Value ETF (BSVO) highlights notable insider interest in certain holdings. The ETF, which focuses on small-cap value stocks, has seen directors and officers of two of its holdings, G-III Apparel Group Ltd. (GIII) and Proto Labs Inc. (PRLB), purchase shares within the past six months.
G-III Apparel Group Ltd., which makes up 0.41% of BSVO's total assets, has seen 2 directors and officers buy shares worth $6,287,701 in the past six months. The recent insider buying activity at GIII includes purchases by Jeffrey David Goldfarb, Executive Vice President, and Amigo Victor Herrero, Director, as detailed in Form 4 filings [2].
Proto Labs Inc., the #107 largest holding in BSVO, has also experienced insider buying. The ETF holds $5,077,394 worth of PRLB, representing approximately 0.33% of its total assets. Recent insider purchases at PRLB include transactions by Suresh Krishna, President and CEO, and Rainer Gawlick, Director [2].
These insider buying activities suggest a positive outlook on the future prospects of GIII and PRLB. Insiders, being well-informed about the companies' operations and strategic direction, often use their knowledge to make informed investment decisions. The significant purchases by directors and officers at these companies can be seen as a vote of confidence in their respective stocks.
Investors should closely monitor these holdings for potential future gains. However, it is essential to conduct thorough research and consider other factors before making investment decisions. As always, diversification remains a key strategy to mitigate risk.
References:
[1] https://www.marketbeat.com/stocks/NASDAQ/VTWO/holdings/
[2] https://www.nasdaq.com/articles/insiders-bullish-certain-holdings-bsvo-0
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