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A look at the weighted underlying holdings of the SPDR S&P Telecom ETF (XTL) shows an impressive 10.4% of holdings on a weighted basis have experienced insider buying within the past six months.

Lumen Technologies Inc (Symbol: LUMN), which makes up 2.67% of the SPDR S&P Telecom ETF (XTL), 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 $1,409,084 worth of LUMN, making it the #21 largest holding. The table below details the recent insider buying activity observed at LUMN:

LUMN — last trade: $1.21 — Recent Insider Buys:

And Gogo Inc (Symbol: GOGO), the #27 largest holding among components of the SPDR S&P Telecom ETF (XTL), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $929,547 worth of GOGO, which represents approximately 1.76% 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: $9.14 — Recent Insider Buys:

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