Jack Reed sold iShares US Broker-Dealers & Secs Exchs (IAI)
Jack Reed (D-RI), a U.S. Senator, has disclosed 1 trade in iShares US Broker-Dealers & Secs Exchs (IAI) since 2016, a single sale, worth an estimated $8K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Jack Reed sold $1,001 - $15,000 of iShares US Broker-Dealers & Secs Exchs (IAI) on December 14, 2016. Since that trade, IAI is up +326.43% against the S&P 500 up +276.26%, an outperformance of +50.18%.
Data updated
Jack Reed's IAI trades vs the price
IAI is up +326.43% since Jack Reed sold on December 14, 2016, versus +276.26% for the S&P 500.
Performance since this trade
All Jack Reed IAI trades
Jack Reed & IAI trading FAQ
Is it legal for Jack Reed to trade iShares US Broker-Dealers & Secs Exchs (IAI) stock?
Yes. Members of Congress are allowed to trade individual stocks, including iShares US Broker-Dealers & Secs Exchs (IAI), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did Jack Reed sell IAI?
Jack Reed disclosed a sale of $1,001 - $15,000 of iShares US Broker-Dealers & Secs Exchs (IAI) on December 14, 2016, according to public STOCK Act filings.
How has IAI performed since Jack Reed's trade?
Since Jack Reed sold IAI on December 14, 2016, the stock is up +326.43%, versus +276.26% for the S&P 500 over the same period, an outperformance of +50.18%.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional IAI trades?
Quantellect tracks every disclosed congressional trade in iShares US Broker-Dealers & Secs Exchs (IAI) on the iShares US Broker-Dealers & Secs Exchs congressional trading page, which aggregates filings across all members of Congress.
Jack Reed's IAI tradesAll congressional filings for iShares US Broker-Dealers & Secs ExchsJack Reed's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.