By: ETF Trends
February 15, 2013 at 09:08 AM EST
Gold ETFs Fall as Soros Scales Back GLD Investment
SPDR Gold Shares (NYSEArca: GLD) was off more than 1% in Friday’s premarket and set for its third straight down day following reports that billionaire investor George Soros pared his stake in the $70 billion precious metal ETF last quarter. Soros Fund Management LLC cut its investment in GLD by 55%...
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