Follow The Insiders With This ETF (NFO)

The ETF world features dozens of offerings that can certainly be described as unique and Claymore is one issuer that has more than a couple of interesting ETFs on its roster.

One such offering is the Claymore/Sabrient Insider ETF (NYSE: NFO). NFO is an ETF that focuses on stocks that are looking attractive to "insiders" such as company executives, fund managers and sell side analysts.

History has shown that watching insider purchases and sales of stocks can be rewarding and keeping an eye on what stocks have caught the eye of fund managers is always a good idea. NFO does both of those jobs for investors.

NFO holds 100 stocks that are primarily mid-caps and the sector diversification is strong with five industries receiving double-digit representations. Consumer discretionary names lead the way at almost 19% of NFO's assets and that means the ETF could peform well in an economic recovery.

NFO is up nearly 70% in the past year and recently received the prestigous four-star rating from Morningstar.