K. Michael Conaway bought PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 6 trades in PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ) since 2018, all purchases, worth an estimated $97K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: K. Michael Conaway bought $1,001 - $15,000 of PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ) on February 14, 2018. Since that trade, QQQ is up +329.76% against the S&P 500 up +207.43%, an outperformance of +122.33%.
Across these filings, K. Michael Conaway has been a net buyer of QQQ. The most recent disclosed QQQ transaction shown was dated February 10, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's QQQ trades vs the price
QQQ is up +329.76% since K. Michael Conaway bought on February 14, 2018, versus +207.43% for the S&P 500.
Performance since this trade
All K. Michael Conaway QQQ 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.
K. Michael Conaway & QQQ trading FAQ
Is it legal for K. Michael Conaway to trade PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ) stock?
Yes. Members of Congress are allowed to trade individual stocks, including PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ), 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 K. Michael Conaway buy QQQ?
K. Michael Conaway disclosed a purchase of $1,001 - $15,000 of PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ) on February 14, 2018, according to public STOCK Act filings.
How has QQQ performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought QQQ on February 14, 2018, the stock is up +329.76%, versus +207.43% for the S&P 500 over the same period, an outperformance of +122.33%.
How many times has K. Michael Conaway traded QQQ?
K. Michael Conaway has disclosed 6 QQQ trades since 2018. 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 QQQ trades?
Quantellect tracks every disclosed congressional trade in PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) (QQQ) on the PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch) congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's QQQ tradesAll congressional filings for PowerShares QQQ Trust, Series 1 (QQQ) F ILINg S TATUS : New S UbHOLDINg O F : SP M40 (Merrill Lynch)K. Michael Conaway'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.