Insiders Buy the Holdings of WBIY ETF

The WBI Power Factor High Dividend ETF (WBIY) exhibits significant insider confidence, with 16.3% of its weighted holdings experiencing insider buying over the past six months. Notably, Organon & Co (OGN), a 1.37% holding, saw five directors and officers purchase shares totaling over $550,000 in May 2025. Additionally, Northwest Bancshares, Inc. (NWBI), a 0.31% holding, recorded insider buying from two directors in early 2025, amounting to nearly $195,000, signaling potential positive prospects for these key components of the ETF.

Analysis

The WBI Power Factor High Dividend ETF (WBIY) is exhibiting a notable pattern of insider confidence, with a significant 16.3% of its weighted underlying holdings experiencing insider share purchases within the past six months. This trend is particularly evident in two of its components. At Organon & Co (OGN), which constitutes 1.37% of the ETF, five senior executives including the Chief Executive Officer and Chief Financial Officer collectively acquired over $550,000 worth of stock in May 2025. This C-suite level buying activity signals strong internal conviction regarding the company's prospects. Similarly, at Northwest Bancshares, Inc. (NWBI), which represents 0.31% of the ETF, two directors purchased nearly $195,000 in company stock in early 2025. While these specific stocks represent a small fraction of the ETF's total assets, the cluster of insider buying across a material portion of the portfolio provides a strong qualitative signal that may corroborate the quantitative factors driving the ETF's stock selection.

Key Decisions for Investors

• Investors holding the WBIY ETF may interpret the broad-based insider buying as a positive validation of the fund's underlying holdings and value-oriented methodology.