Market Commentary

Congressman Alan Lowenthal Continues to Increase His Exposure to Stock Market

Rahul Joshua7 Sept 2022 · 1 minute read

 Alan Lowenthal, the U.S. representative for California's 47th congressional district since 2013, disclosed additional trades he made since his last filing on July 25.

On 25 July, Congressman Lowenthal disclosed that he invested between $1,000 and $15,000 in S&P Global (SPGI: US) and made two separate investments in Ecolab (ECLB: US) on July 19 and July 20.

Earlier in August, Lowenthal disclosed that he sold between $1,000 and $15,000 worth of shares of Medtronic (MDT: US) on two occasions; one on July 28 and the other on 29.

Yesterday, the Congressman disclosed that he made two new trades in August, which include buying shares of Zoetis (ZTS: US) for amount ranging from $15,000 to $50,000. Moreover, Lowenthal also bought shares of Crown Holdings (CCK: US) in a smaller transaction that falls under the $1,000 - $15,000 price range.

Lowenthal, who sits on the committees for Natural Resources and Transportation and Infrastructure, is mostly focused on companies that belong to the Industrials sector. He also trades shares of Consumer Discretionary and IT companies.

On the other hand, his most traded stocks include Sunrun (SUN: US) and DraftKings (DKNG: US).

His trades are mostly filed under the name of his spouse, while some are also made from a joint account.