K. Michael Conaway sold SPDR S&P 500 ETF Trust (NYSE: SPY)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 12 trades in SPDR S&P 500 ETF Trust (SPY) since 2018, 10 purchases and 2 sales, worth an estimated $602K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: K. Michael Conaway sold $15,001 - $50,000 of SPDR S&P 500 ETF Trust (NYSE: SPY) on September 8, 2020. Since that trade, SPY is up +137.11% against the S&P 500 up +137.11%, an outperformance of +0.00%.
Across these filings, K. Michael Conaway has been a net buyer of SPY (a buy-to-sell ratio of 5.00). Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's SPY trades vs the price
SPY is up +137.11% since K. Michael Conaway sold on September 8, 2020, versus +137.11% for the S&P 500.
Performance since this trade
All K. Michael Conaway SPY 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 & SPY trading FAQ
Is it legal for K. Michael Conaway to trade SPDR S&P 500 ETF Trust (SPY) stock?
Yes. Members of Congress are allowed to trade individual stocks, including SPDR S&P 500 ETF Trust (SPY), 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 sell SPY?
K. Michael Conaway disclosed a sale of $15,001 - $50,000 of SPDR S&P 500 ETF Trust (SPY) on September 8, 2020, according to public STOCK Act filings.
How has SPY performed since K. Michael Conaway's trade?
Since K. Michael Conaway sold SPY on September 8, 2020, the stock is up +137.11%, versus +137.11% for the S&P 500 over the same period, an outperformance of +0.00%.
How many times has K. Michael Conaway traded SPY?
K. Michael Conaway has disclosed 12 SPY trades since 2018 (10 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 SPY trades?
Quantellect tracks every disclosed congressional trade in SPDR S&P 500 ETF Trust (SPY) on the SPDR S&P 500 ETF Trust congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's SPY tradesAll congressional filings for SPDR S&P 500 ETF TrustK. 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.