Michael T. McCaul bought Arrow EC Income Advantage Alternative Fund Series ETF (TO: RATE)
Michael T. McCaul (R-TX), a U.S. Representative, has disclosed 5 trades in Arrow EC Income Advantage Alternative Fund Series ETF (RATE) since 2024, 3 purchases and 2 sales, worth an estimated $4.1M in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael T. McCaul bought $1,000,001 - $5,000,000 of Arrow EC Income Advantage Alternative Fund Series ETF (TO: RATE) on November 25, 2024. Since that trade, RATE is up +13.78% against the S&P 500 up +24.27%, an outperformance of -10.49%.
Across these filings, Michael T. McCaul has been a net buyer of RATE (a buy-to-sell ratio of 1.50). The most recent disclosed RATE transaction shown was dated January 22, 2025. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael T. McCaul's RATE trades vs the price
RATE is up +13.78% since Michael T. McCaul bought on November 25, 2024, versus +24.27% for the S&P 500.
Performance since this trade
All Michael T. McCaul RATE trades
| Traded | Type | Size | Return | Est. profit | |
|---|---|---|---|---|---|
| January 22, 2025 | BUY | $20.21 | N/A | +$22K | |
| November 25, 2024 | BUY | $18.43 | N/A | +$285K | |
| November 20, 2024 | SELL | $19.18 | N/A | — | |
| November 20, 2024 | SELL | $19.18 | N/A | — | |
| November 19, 2024 | BUY | $19.06 | N/A | +$10K |
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.
Michael T. McCaul & RATE trading FAQ
Is it legal for Michael T. McCaul to trade Arrow EC Income Advantage Alternative Fund Series ETF (RATE) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Arrow EC Income Advantage Alternative Fund Series ETF (RATE), 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 Michael T. McCaul buy RATE?
Michael T. McCaul disclosed a purchase of $1,000,001 - $5,000,000 of Arrow EC Income Advantage Alternative Fund Series ETF (RATE) on November 25, 2024, according to public STOCK Act filings.
How has RATE performed since Michael T. McCaul's trade?
Since Michael T. McCaul bought RATE on November 25, 2024, the stock is up +13.78%, versus +24.27% for the S&P 500 over the same period, an outperformance of -10.49%.
How many times has Michael T. McCaul traded RATE?
Michael T. McCaul has disclosed 5 RATE trades since 2024 (3 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 RATE trades?
Quantellect tracks every disclosed congressional trade in Arrow EC Income Advantage Alternative Fund Series ETF (RATE) on the Arrow EC Income Advantage Alternative Fund Series ETF congressional trading page, which aggregates filings across all members of Congress.
Michael T. McCaul's RATE tradesAll congressional filings for Arrow EC Income Advantage Alternative Fund Series ETFMichael T. McCaul'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.