Steve Cohen bought Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR)
Steve Cohen (D-TN), a U.S. Representative, has disclosed 2 trades in Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR) since 2018, 1 purchase and 1 sale, worth an estimated $41K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Steve Cohen bought $15,001 - $50,000 of Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR) on August 29, 2018. Since that trade, FDRR is up +157.19% against the S&P 500 up +181.94%, an outperformance of -24.75%.
Across these filings, Steve Cohen has been a balanced trader of FDRR (a buy-to-sell ratio of 1.00). The most recent disclosed FDRR transaction shown was dated March 26, 2020. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Steve Cohen's FDRR trades vs the price
FDRR is up +157.19% since Steve Cohen bought on August 29, 2018, versus +181.94% for the S&P 500.
Performance since this trade
All Steve Cohen FDRR trades
Steve Cohen & FDRR trading FAQ
Is it legal for Steve Cohen to trade Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR), 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 Steve Cohen buy FDRR?
Steve Cohen disclosed a purchase of $15,001 - $50,000 of Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR) on August 29, 2018, according to public STOCK Act filings.
How has FDRR performed since Steve Cohen's trade?
Since Steve Cohen bought FDRR on August 29, 2018, the stock is up +157.19%, versus +181.94% for the S&P 500 over the same period, an outperformance of -24.75%.
How many times has Steve Cohen traded FDRR?
Steve Cohen has disclosed 2 FDRR trades since 2018 (1 purchase 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 FDRR trades?
Quantellect tracks every disclosed congressional trade in Fidelity Dividend ETF for Rising Rates (FDRR) [ST] (FDRR) on the Fidelity Dividend ETF for Rising Rates (FDRR) [ST] congressional trading page, which aggregates filings across all members of Congress.
Steve Cohen's FDRR tradesAll congressional filings for Fidelity Dividend ETF for Rising Rates (FDRR) [ST]Steve Cohen'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.