Cooperman’s Omega Advisors Dumps Commodities ETFs
August 15, 2013 at 08:00 AM EDT
Leon Cooperman’s Omega Advisor’s, a hedge fund with $8.9 billion in assets under management as of the end of July, sold stakes in some of the largest gold and silver ETFs during the second quarter after establishing those positions in the first quarter. Omega sold $13.9 million in the SPDR Gold...