A look at the weighted underlying holdings of the iShares Russell Microcap (IWC) shows an impressive 11.8% of holdings on a weighted basis have experienced insider buying within the past six months.
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MannKind Corp (NASD: MNKD), which makes up 0.31% of the iShares Russell Microcap (IWC), 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 $1,769,768 worth of MNKD, making it the #14 largest holding. The table below details the recent insider buying activity observed at MNKD:
MNKD — last trade: $6.48 — Recent Insider Buys:
PurchasedInsiderTitleSharesPrice/ShareValue
| 12/21/2012 |
Alfred E. Mann |
Chairman & CEO |
40,000,000 |
$2.59 |
$103,600,000.00 |
| 12/31/2012 |
Matthew J. Pfeffer |
Corporate VP and CFO |
1,056 |
$1.95 |
$2,059.20 |
http://www.forbes.com/sites/etfchannel/2013/05/30/insiders-bullish-on-certain-holdings-of-iwc-8/?partner=yahootix#
