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In a recent congressional trade report, Victoria Spartz, representing Indiana’s 5th congressional district, has made an investment in Simon Property Group (BVMF:SIMN34), Inc. (NYSE:SPG), currently trading at $157.51 with a market capitalization of approximately $60 billion. The transaction was conducted through a Charles Schwab Roth IRA and involved the purchase of common stocks of the company.
The transaction took place on April 3, 2025, and was reported on April 20, 2025. The dollar value of the trade falls within the range of $1,001 to $15,000. This investment in Simon Property Group, Inc. was done by Jason Spartz, Victoria Spartz’s spouse, through his Roth IRA account.
Simon Property Group, Inc. is a well-known real estate company that owns, operates, and develops shopping malls, outlet centers, and community/lifestyle centers. It is one of the largest real estate investment trusts (REITs) and is part of the S&P 100 Index.
The Charles Schwab (NYSE:SCHW) Roth IRA, the investment vehicle used for this transaction, is a type of individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. Charles Schwab, a leading provider of financial services, recently acquired TD Ameritrade, further expanding its reach in the investment world.
This move by Spartz adds to her investment portfolio and represents a continued interest in the real estate sector. With analyst price targets ranging from $159 to $220 and an overall Financial Health score of "GOOD" from InvestingPro, investors considering SPG can access comprehensive analysis and the detailed Pro Research Report, available for this and 1,400+ other US stocks. As always, investors are advised to monitor the market and make informed decisions based on their individual financial goals and risk tolerance.
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