K. Michael Conaway bought Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 15 trades in Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC) since 2019, 14 purchases and 1 sale, worth an estimated $626K 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 Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC) on September 21, 2020. Since that trade, USMC is up +144.03% against the S&P 500 up +140.68%, an outperformance of +3.35%.
Across these filings, K. Michael Conaway has been a net buyer of USMC (a buy-to-sell ratio of 14.00). Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
K. Michael Conaway's USMC trades vs the price
USMC is up +144.03% since K. Michael Conaway bought on September 21, 2020, versus +140.68% for the S&P 500.
Performance since this trade
All K. Michael Conaway USMC 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 & USMC trading FAQ
Is it legal for K. Michael Conaway to trade Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC), 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 USMC?
K. Michael Conaway disclosed a purchase of $1,001 - $15,000 of Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC) on September 21, 2020, according to public STOCK Act filings.
How has USMC performed since K. Michael Conaway's trade?
Since K. Michael Conaway bought USMC on September 21, 2020, the stock is up +144.03%, versus +140.68% for the S&P 500 over the same period, an outperformance of +3.35%.
How many times has K. Michael Conaway traded USMC?
K. Michael Conaway has disclosed 15 USMC trades since 2019 (14 purchases and 1 sale). 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 USMC trades?
Quantellect tracks every disclosed congressional trade in Principal U.S. Mega-Cap ETF (USMC) [ST] (USMC) on the Principal U.S. Mega-Cap ETF (USMC) [ST] congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's USMC tradesAll congressional filings for Principal U.S. Mega-Cap ETF (USMC) [ST]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.