Steven A. Cohen’s SAC Capital Advisors LP cut its stake in the SPDR Gold Trust by 5,000 shares in the fourth quarter, according to a government filing.
As of Dec. 31, SAC held 179,601 shares in the fund backed by the precious metal, compared with 184,601 shares at the end of the third quarter, a U.S. Securities and Exchange Commission filing showed today.
The SPDR trust is the biggest exchange-traded product backed by physical gold.
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