Jack Reed bought iShares Transportation Average (IYT)
Jack Reed (D-RI), a U.S. Senator, has disclosed 7 trades in iShares Transportation Average (IYT) since 2015, 5 purchases and 2 sales, worth an estimated $56K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Jack Reed bought $1,001 - $15,000 of iShares Transportation Average (IYT) on October 6, 2016. Since that trade, IYT is up +162.49% against the S&P 500 up +293.87%, an outperformance of -131.38%.
Across these filings, Jack Reed has been a net buyer of IYT (a buy-to-sell ratio of 2.50). The most recent disclosed IYT transaction shown was dated March 9, 2018. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Jack Reed's IYT trades vs the price
IYT is up +162.49% since Jack Reed bought on October 6, 2016, versus +293.87% for the S&P 500.
Performance since this trade
All Jack Reed IYT trades
Estimated profit is shown for buys only, marked to the latest close. It is an estimate and does not net later sells, taxes, or fees.
Jack Reed & IYT trading FAQ
Is it legal for Jack Reed to trade iShares Transportation Average (IYT) stock?
Yes. Members of Congress are allowed to trade individual stocks, including iShares Transportation Average (IYT), 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 buy IYT?
Jack Reed disclosed a purchase of $1,001 - $15,000 of iShares Transportation Average (IYT) on October 6, 2016, according to public STOCK Act filings.
How has IYT performed since Jack Reed's trade?
Since Jack Reed bought IYT on October 6, 2016, the stock is up +162.49%, versus +293.87% for the S&P 500 over the same period, an outperformance of -131.38%.
How many times has Jack Reed traded IYT?
Jack Reed has disclosed 7 IYT trades since 2015 (5 purchases and 2 sales). Every disclosed trade is listed on this page.
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 IYT trades?
Quantellect tracks every disclosed congressional trade in iShares Transportation Average (IYT) on the iShares Transportation Average congressional trading page, which aggregates filings across all members of Congress.
Jack Reed's IYT tradesAll congressional filings for iShares Transportation AverageJack 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.