Kestra Private Wealth Services LLC Invests $1.47 Million in GraniteShares Platinum Trust $PLTM

Kestra Private Wealth Services LLC acquired a new position in shares of GraniteShares Platinum Trust (NYSEARCA:PLTM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 74,491 shares of the company’s stock, valued at approximately $1,470,000. Kestra Private Wealth Services LLC owned about 0.84% of GraniteShares Platinum Trust as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PLTM. Sound Income Strategies LLC acquired a new stake in shares of GraniteShares Platinum Trust during the fourth quarter worth $58,000. Concurrent Investment Advisors LLC acquired a new stake in shares of GraniteShares Platinum Trust during the third quarter worth $151,000. Laffer Tengler Investments Inc. acquired a new stake in shares of GraniteShares Platinum Trust during the third quarter worth $161,000. Citadel Advisors LLC acquired a new stake in shares of GraniteShares Platinum Trust during the third quarter worth $166,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of GraniteShares Platinum Trust during the second quarter worth $182,000.

GraniteShares Platinum Trust Stock Performance

PLTM stock opened at $19.06 on Friday. GraniteShares Platinum Trust has a 52-week low of $9.24 and a 52-week high of $27.69. The stock’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $19.01.

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.