Michael K. Simpson bought First Trust Dow Jones Internet ETF (TO: FDN)
Michael K. Simpson (R-ID), a U.S. Representative, has disclosed 5 trades in First Trust Dow Jones Internet ETF (FDN) since 2015, 3 purchases and 2 sales, worth an estimated $89K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Michael K. Simpson bought $1,001 - $15,000 of First Trust Dow Jones Internet ETF (TO: FDN) on September 21, 2015. Since that trade, FDN is up +296.28% against the S&P 500 up +357.36%, an outperformance of -61.07%.
Across these filings, Michael K. Simpson has been a net buyer of FDN (a buy-to-sell ratio of 1.50). The most recent disclosed FDN transaction shown was dated May 10, 2021. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Michael K. Simpson's FDN trades vs the price
FDN is up +296.28% since Michael K. Simpson bought on September 21, 2015, versus +357.36% for the S&P 500.
Performance since this trade
All Michael K. Simpson FDN trades
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 K. Simpson & FDN trading FAQ
Is it legal for Michael K. Simpson to trade First Trust Dow Jones Internet ETF (FDN) stock?
Yes. Members of Congress are allowed to trade individual stocks, including First Trust Dow Jones Internet ETF (FDN), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. BullishWhales tracks those disclosures; this page does not imply the trade was improper.
When did Michael K. Simpson buy FDN?
Michael K. Simpson disclosed a purchase of $1,001 - $15,000 of First Trust Dow Jones Internet ETF (FDN) on September 21, 2015, according to public STOCK Act filings.
How has FDN performed since Michael K. Simpson's trade?
Since Michael K. Simpson bought FDN on September 21, 2015, the stock is up +296.28%, versus +357.36% for the S&P 500 over the same period, an outperformance of -61.07%.
How many times has Michael K. Simpson traded FDN?
Michael K. Simpson has disclosed 5 FDN trades since 2015 (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 FDN trades?
BullishWhales tracks every disclosed congressional trade in First Trust Dow Jones Internet ETF (FDN) on the First Trust Dow Jones Internet ETF congressional trading page, which aggregates filings across all members of Congress.
Michael K. Simpson's FDN tradesAll congressional filings for First Trust Dow Jones Internet ETFMichael K. Simpson'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.