Stratos Wealth Partners LTD. purchased a new position in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 75,693 shares of the company’s stock, valued at approximately $888,000.
A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of Sprott Physical Platinum & Palladium Tr by 135.0% in the first quarter. Envestnet Asset Management Inc. now owns 140,762 shares of the company’s stock worth $1,399,000 after acquiring an additional 80,867 shares during the period. Financial Enhancement Group LLC grew its stake in shares of Sprott Physical Platinum & Palladium Tr by 13.4% in the second quarter. Financial Enhancement Group LLC now owns 131,675 shares of the company’s stock worth $1,664,000 after acquiring an additional 15,584 shares during the period. Trek Financial LLC bought a new stake in shares of Sprott Physical Platinum & Palladium Tr in the first quarter worth approximately $982,000. Private Advisor Group LLC grew its stake in shares of Sprott Physical Platinum & Palladium Tr by 3.0% in the first quarter. Private Advisor Group LLC now owns 88,860 shares of the company’s stock worth $883,000 after acquiring an additional 2,571 shares during the period. Finally, Pettinga Financial Advisors LLC grew its stake in shares of Sprott Physical Platinum & Palladium Tr by 41.3% in the first quarter. Pettinga Financial Advisors LLC now owns 21,550 shares of the company’s stock worth $214,000 after acquiring an additional 6,300 shares during the period.
Sprott Physical Platinum & Palladium Tr Trading Up 3.6%
Shares of SPPP stock opened at $14.23 on Thursday. The company has a 50 day moving average price of $13.02 and a 200-day moving average price of $11.64. Sprott Physical Platinum & Palladium Tr has a 52 week low of $8.83 and a 52 week high of $15.65.
Sprott Physical Platinum & Palladium Tr Profile
Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.
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