Lou Barletta bought PowerShares QQQ Trust, Series 1 (QQQ) (QQQ)
Lou Barletta (R-PA), a U.S. Representative, has disclosed 4 trades in PowerShares QQQ Trust, Series 1 (QQQ) (QQQ) since 2015, 3 purchases and 1 sale, worth an estimated $57K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Lou Barletta bought $1,001 - $15,000 of PowerShares QQQ Trust, Series 1 (QQQ) (QQQ) on January 29, 2016. Since that trade, QQQ is up +607.66% against the S&P 500 up +352.98%, an outperformance of +254.68%.
Across these filings, Lou Barletta has been a net buyer of QQQ (a buy-to-sell ratio of 3.00). The most recent disclosed QQQ transaction shown was dated February 18, 2016. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Lou Barletta's QQQ trades vs the price
QQQ is up +607.66% since Lou Barletta bought on January 29, 2016, versus +352.98% for the S&P 500.
Performance since this trade
All Lou Barletta QQQ trades
| Traded | Type | Size | Return | Est. profit | |
|---|---|---|---|---|---|
| February 18, 2016 | SELL | $94.00 | +627.22% | — | |
| January 29, 2016 | BUY | $96.59 | +607.66% | +$45K | |
| December 28, 2015 | BUY | $104.38 | +554.84% | +$165K | |
| December 28, 2015 | BUY | $104.38 | +554.84% | +$41K |
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.
Lou Barletta & QQQ trading FAQ
Is it legal for Lou Barletta to trade PowerShares QQQ Trust, Series 1 (QQQ) (QQQ) stock?
Yes. Members of Congress are allowed to trade individual stocks, including PowerShares QQQ Trust, Series 1 (QQQ) (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 Lou Barletta buy QQQ?
Lou Barletta disclosed a purchase of $1,001 - $15,000 of PowerShares QQQ Trust, Series 1 (QQQ) (QQQ) on January 29, 2016, according to public STOCK Act filings.
How has QQQ performed since Lou Barletta's trade?
Since Lou Barletta bought QQQ on January 29, 2016, the stock is up +607.66%, versus +352.98% for the S&P 500 over the same period, an outperformance of +254.68%.
How many times has Lou Barletta traded QQQ?
Lou Barletta has disclosed 4 QQQ trades since 2015 (3 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 QQQ trades?
Quantellect tracks every disclosed congressional trade in PowerShares QQQ Trust, Series 1 (QQQ) (QQQ) on the PowerShares QQQ Trust, Series 1 (QQQ) congressional trading page, which aggregates filings across all members of Congress.
Lou Barletta's QQQ tradesAll congressional filings for PowerShares QQQ Trust, Series 1 (QQQ)Lou Barletta'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.