Oppenheimer & Co. Inc. Takes $624,000 Position in GraniteShares Platinum Trust $PLTM

Oppenheimer & Co. Inc. acquired a new position in GraniteShares Platinum Trust (NYSEARCA:PLTM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 31,606 shares of the company’s stock, valued at approximately $624,000. Oppenheimer & Co. Inc. owned about 0.36% of GraniteShares Platinum Trust as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in GraniteShares Platinum Trust in the fourth quarter valued at approximately $58,000. Concurrent Investment Advisors LLC acquired a new stake in shares of GraniteShares Platinum Trust in the third quarter valued at $151,000. Laffer Tengler Investments Inc. acquired a new stake in shares of GraniteShares Platinum Trust in the third quarter valued at $161,000. Citadel Advisors LLC purchased a new stake in shares of GraniteShares Platinum Trust in the 3rd quarter valued at $166,000. Finally, Flow Traders U.S. LLC acquired a new position in GraniteShares Platinum Trust during the 2nd quarter worth about $182,000.

GraniteShares Platinum Trust Stock Performance

Shares of GraniteShares Platinum Trust stock opened at $19.74 on Friday. The business has a 50-day moving average of $19.70 and a 200 day moving average of $19.12. GraniteShares Platinum Trust has a 12 month low of $9.44 and a 12 month high of $27.69.

About GraniteShares Platinum Trust

The GraniteShares Platinum Trust (PLTM) 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 and liabilities, using physically held platinum. PLTM was launched on Jan 22, 2018 and is managed by GraniteShares.