Pekin Hardy Strauss Inc. Buys New Holdings in abrdn Physical Palladium Shares ETF $PALL

Pekin Hardy Strauss Inc. purchased a new position in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,200 shares of the exchange traded fund’s stock, valued at approximately $322,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Belpointe Asset Management LLC purchased a new stake in shares of abrdn Physical Palladium Shares ETF in the 2nd quarter valued at approximately $2,111,000. Fortis Capital Advisors LLC acquired a new position in shares of abrdn Physical Palladium Shares ETF during the second quarter worth $2,111,000. Alhambra Investment Management LLC purchased a new position in abrdn Physical Palladium Shares ETF in the second quarter valued at $1,593,000. Jones Financial Companies Lllp raised its stake in abrdn Physical Palladium Shares ETF by 10,367.5% in the first quarter. Jones Financial Companies Lllp now owns 8,374 shares of the exchange traded fund’s stock valued at $758,000 after buying an additional 8,294 shares in the last quarter. Finally, Napa Wealth Management purchased a new stake in abrdn Physical Palladium Shares ETF during the 1st quarter worth about $515,000. Institutional investors and hedge funds own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Stock Up 0.8%

NYSEARCA:PALL opened at $126.49 on Friday. abrdn Physical Palladium Shares ETF has a 1 year low of $82.39 and a 1 year high of $148.49. The stock has a 50-day simple moving average of $119.91 and a 200-day simple moving average of $106.14.

abrdn Physical Palladium Shares ETF Profile

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust).