There are many reasons insiders may sell shares in their company. There is only one logical reason for insiders to reach into their wallets and buy stock in the open market: They think the stock price is going higher.
John Spears joined NYSE’s First Look ETF to discuss the new Tweedy, Browne Insider + Value ETF.
Important Information
Before investing in the fund, investors should consider their investment goals, time horizons and risk tolerance. The fund’s investment objective, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectus contain this and other important information about the fund. Copies of the fund’s prospectus may be obtained by clicking here or calling 1-800-617-0004. Read it carefully before investing.
All investing involves the risk of loss, including the loss of principal. Diversification neither ensures a profit nor guarantees against loss in a declining market. The Fund is actively-managed and may not meet its investment objective based on the Adviser’s success or failure to implement investment strategies for the Fund. The Adviser’s evaluations and assumptions regarding issuers, securities, and other factors may not successfully achieve the Fund’s investment objective given actual market conditions.
The net asset value (“NAV”) of the Fund’s shares is determined as of the close of regular trading on the NYSE (generally 4:00 p.m. Eastern time) each day the NYSE is open. Share are purchased and sold in secondary market transactions at negotiated market prices rather than at NAV. Shares of any ETF are bought and sold at market prices (not NAV) and are not individually redeemed from the Fund. An ETF’s market price is the price at which investors can buy or sell an ETF on an exchange. This price may deviate from the NAV of the ETF depending on demand for and supply for the ETF at a point in time. Shares of the Fund may be bought and sold throughout the day on the exchange through a brokerage account. However, shares are not individually redeemable, and may only be redeemed directly from the Fund by Authorized Participants in very large creation/redemption units. Shares may trade at, above or below NAV. Brokerage commissions will reduce returns.
Price/Earnings (or P/E) ratio is a comparison of the company’s closing stock price and its trailing 12-month earnings per share. Dividend Yield is a measure that expresses how much income investors can expect from a stock in the form of dividends. It’s calculated by dividing a company’s annual dividend payout per share by its current stock price. Price/Book (or P/B) ratio is a financial ratio used to compare a company’s current market price per share to its book value per share. Price/EBIT (Earnings before Interest and Taxes) is used to assess whether a company’s stock is potentially overvalued or undervalued, similar to the price-to-earnings ratio (P/E) but with a broader scope that includes debt.
Holdings are subject to change. Click here for the fund’s Top Ten Holdings.
The Tweedy, Browne Insider + Value ETF is distributed by Quasar Distributors, LLC.
