K. Michael Conaway bought First Trust Cloud Computing ETF (TO: SKYY)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 5 trades in First Trust Cloud Computing ETF (SKYY) since 2020, all purchases, worth an estimated $163K 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 $15,001 - $50,000 of First Trust Cloud Computing ETF (TO: SKYY) on October 16, 2020. Since that trade, SKYY is up +66.71% against the S&P 500 up +126.59%, an outperformance of -59.89%.
Across these filings, K. Michael Conaway has been a net buyer of SKYY. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's SKYY trades vs the price
SKYY is up +66.71% since K. Michael Conaway bought on October 16, 2020, versus +126.59% for the S&P 500.
Performance since this trade
All K. Michael Conaway SKYY 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 & SKYY trading FAQ
Is it legal for K. Michael Conaway to trade First Trust Cloud Computing ETF (SKYY) stock?
Yes. Members of Congress are allowed to trade individual stocks, including First Trust Cloud Computing ETF (SKYY), 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 SKYY?
K. Michael Conaway disclosed a purchase of $15,001 - $50,000 of First Trust Cloud Computing ETF (SKYY) on October 16, 2020, according to public STOCK Act filings.
How has SKYY performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought SKYY on October 16, 2020, the stock is up +66.71%, versus +126.59% for the S&P 500 over the same period, an outperformance of -59.89%.
How many times has K. Michael Conaway traded SKYY?
K. Michael Conaway has disclosed 5 SKYY trades since 2020. 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 SKYY trades?
Quantellect tracks every disclosed congressional trade in First Trust Cloud Computing ETF (SKYY) on the First Trust Cloud Computing ETF congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's SKYY tradesAll congressional filings for First Trust Cloud Computing ETFK. 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.