Shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 408,399 shares traded hands during trading, an increase of 92% from the previous session’s volume of 212,704 shares.The stock last traded at $117.39 and had previously closed at $117.70.
abrdn Physical Platinum Shares ETF Price Performance
The business’s 50-day moving average price is $97.95 and its two-hundred day moving average price is $91.15.
Institutional Investors Weigh In On abrdn Physical Platinum Shares ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. Sprott Inc. raised its position in shares of abrdn Physical Platinum Shares ETF by 338.9% in the 4th quarter. Sprott Inc. now owns 12,930 shares of the company’s stock valued at $1,074,000 after buying an additional 9,984 shares in the last quarter. Carrera Capital Advisors acquired a new position in abrdn Physical Platinum Shares ETF during the fourth quarter valued at approximately $1,849,000. Raymond James Financial Inc. bought a new stake in abrdn Physical Platinum Shares ETF during the fourth quarter worth $1,689,000. Daiwa Securities Group Inc. boosted its holdings in shares of abrdn Physical Platinum Shares ETF by 9.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 7,900 shares of the company’s stock valued at $656,000 after purchasing an additional 650 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 74.6% in the 4th quarter. HighTower Advisors LLC now owns 34,262 shares of the company’s stock valued at $2,845,000 after purchasing an additional 14,638 shares during the last quarter.
About abrdn Physical Platinum Shares ETF
The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.
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