Student investment portfolio outperforms S&P 500

The Seidman Investment Portfolio Organization at Grand Valley has outperformed the S&P 500.

The student-run financial club has seen its portfolio double in value over the past few years.

“The club has been outperforming the S&P 500 for several years,” said Jacob Freeland, a finance and economics major and president of Seidman IPO. “Our student portfolio was about $30,000 when I came to Grand Valley four years ago, now it’s doubled in value at about $68,000.”

Students in the club meet once a week, with 30-60 students attending each time. Freeland said they perform about six trades each semester, looking for companies with better growth opportunities.

“We voted to buy Delta Airlines when it was under $20 a share, now it’s selling around $40 a share,” said Freeland. “After researching the Chinese market, we decided to sell our stock in a Chinese oil company. It’s now down 50-60 percent from where it was.”