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20 March
Insiders Bullish on Certain Holdings of PSCU

A look at the weighted underlying holdings of the Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) shows an impressive 11.0% of holdings on a weighted basis have experienced insider buying within the past six months.

Lumen Technologies Inc (Symbol: LUMN), which makes up 3.43% of the Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), has seen 5 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $513,560 worth of LUMN, making it the #13 largest holding. The table below details the recent insider buying activity observed at LUMN:

LUMN — last trade: $1.69 — Recent Insider Buys:

And Gogo Inc (Symbol: GOGO), the #29 largest holding among components of the Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $156,376 worth of GOGO, which represents approximately 1.04% of the ETF's total assets at last check. The recent insider buying activity observed at GOGO is detailed in the table below:

GOGO — last trade: $8.09 — Recent Insider Buys:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.