Readystate Asset Management LP Invests $4.44 Million in PayPal Holdings, Inc.
Readystate Asset Management LP has invested $4.44 million in PayPal Holdings, Inc. (NASDAQ:PYPL) by purchasing a new position of 98,245 shares.
The investment was made in the first quarter and is valued at approximately $4,444,000. This move comes as other hedge funds and institutional investors have also adjusted their holdings in the company.
Vanguard Group Inc., for example, lifted its stake in PayPal by 6.5% during the fourth quarter, while Swiss National Bank grew its position in shares of PayPal by 4.9% in the first quarter.