Steve Cohen bought First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI)
Steve Cohen (D-TN), a U.S. Representative, has disclosed 1 trade in First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI) since 2021, a single purchase, worth an estimated $75K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Steve Cohen bought $50,001 - $100,000 of First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI) on November 18, 2021. Since that trade, FPEI is up +19.68% against the S&P 500 up +65.20%, an outperformance of -45.52%.
Data updated
Steve Cohen's FPEI trades vs the price
FPEI is up +19.68% since Steve Cohen bought on November 18, 2021, versus +65.20% for the S&P 500.
Performance since this trade
All Steve Cohen FPEI trades
Steve Cohen & FPEI trading FAQ
Is it legal for Steve Cohen to trade First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI) stock?
Yes. Members of Congress are allowed to trade individual stocks, including First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI), 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 FPEI?
Steve Cohen disclosed a purchase of $50,001 - $100,000 of First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI) on November 18, 2021, according to public STOCK Act filings.
How has FPEI performed since Steve Cohen's trade?
Since Steve Cohen bought FPEI on November 18, 2021, the stock is up +19.68%, versus +65.20% for the S&P 500 over the same period, an outperformance of -45.52%.
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 FPEI trades?
Quantellect tracks every disclosed congressional trade in First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] (FPEI) on the First Trust Institutional Preferred Securities and Income ETF (FPEI) [ST] congressional trading page, which aggregates filings across all members of Congress.
Steve Cohen's FPEI tradesAll congressional filings for First Trust Institutional Preferred Securities and Income ETF (FPEI) [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.