Insiders Bullish on Certain Holdings of BJK

A look at the weighted underlying holdings of the Gaming ETF (BJK) shows an impressive 12.0% of holdings on a weighted basis have experienced insider buying within the past six months.

MGM Resorts International (MGM), which makes up 6.40% of the Gaming ETF (BJK), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of 1079317 worth of MGM, making it the #4 largest holding. The table below details the recent insider buying activity observed at MGM:

MGM — last trade: $22.63 — Recent Insider Buys:

Purchased	Insider	Title	Shares	Price/Share	Value
02/24/2016	William A. Bible	Director	1,000	$17.80	$17,800
03/11/2016	William Warwick Grounds	Director	1,250	$20.77	$25,960

And Gaming & Leisure Properties, Inc (GLPI), the #6 largest holding among components of the Gaming ETF (BJK), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds 940493 worth of GLPI, which represents approximately 5.58% of the ETF's total assets at last check. The recent insider buying activity observed at GLPI is detailed in the table below:

GLPI — last trade: $34.48 — Recent Insider Buys:

Purchased	Insider	Title	Shares	Price/Share	Value
02/23/2016	David A. Handler	Director	39,000	$25.35	$988,650
02/25/2016	E. Scott Urdang	Director	5,000	$25.22	$126,100
05/17/2016	E. Scott Urdang	Director	400	$33.59	$13,436