Mike Kelly sold Ares Commercial Real Estate (NYSE: ACRE)
Mike Kelly (R-PA), a U.S. Representative, has disclosed 1 trade in Ares Commercial Real Estate (ACRE) since 2019, a single sale, worth an estimated $175K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: Mike Kelly sold $100,001 - $250,000 of Ares Commercial Real Estate (NYSE: ACRE) on January 21, 2019. Since that trade, ACRE is down -28.02% against the S&P 500 up +205.24%, an outperformance of -233.26%.
Data updated
Mike Kelly's ACRE trades vs the price
ACRE is down -28.02% since Mike Kelly sold on January 21, 2019, versus +205.24% for the S&P 500.
Performance since this trade
All Mike Kelly ACRE trades
Mike Kelly & ACRE trading FAQ
Is it legal for Mike Kelly to trade Ares Commercial Real Estate (ACRE) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Ares Commercial Real Estate (ACRE), 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 Mike Kelly sell ACRE?
Mike Kelly disclosed a sale of $100,001 - $250,000 of Ares Commercial Real Estate (ACRE) on January 21, 2019, according to public STOCK Act filings.
How has ACRE performed since Mike Kelly's trade?
Since Mike Kelly sold ACRE on January 21, 2019, the stock is down -28.02%, versus +205.24% for the S&P 500 over the same period, an outperformance of -233.26%.
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 ACRE trades?
Quantellect tracks every disclosed congressional trade in Ares Commercial Real Estate (ACRE) on the Ares Commercial Real Estate congressional trading page, which aggregates filings across all members of Congress.
Mike Kelly's ACRE tradesAll congressional filings for Ares Commercial Real EstateMike Kelly'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.