- Forbes finds the underlying holdings of the SPDR S&P Metals and Mining ETF (NYSEARCA:XME) show an impressive 20.1% of holdings on a weighted basis have enjoyed insider buying within the past six months.
- Officers and directors of Freeport McMoRan (NYSE:FCX), including the chairman and vice chairman, purchased more than 3.6M shares since June; FCX comprises ~3% of XME.
- Alcoa (NYSE:AA), which also makes up ~3% of XME, shows two directors and officers purchasing shares.
Strong insider buying at XME and components Freeport McMoRan, Alcoa
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About FCX Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| FCX | - | - |
| Freeport-McMoRan Inc. | ||