5,917 abrdn Physical Precious Metals Basket Shares ETF $GLTR Shares Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC raised its stake in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 356.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,578 shares of the company’s stock after acquiring an additional 5,917 shares during the quarter. Sowell Financial Services LLC’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $1,412,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 5.9% in the 1st quarter. Bank of America Corp DE now owns 392,631 shares of the company’s stock valued at $85,876,000 after purchasing an additional 21,793 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.9% during the 1st quarter. Wealthfront Advisers LLC now owns 185,979 shares of the company’s stock valued at $40,677,000 after purchasing an additional 33,401 shares during the last quarter. Argos Wealth Advisors LLC increased its position in abrdn Physical Precious Metals Basket Shares ETF by 0.8% during the 1st quarter. Argos Wealth Advisors LLC now owns 84,133 shares of the company’s stock worth $18,402,000 after purchasing an additional 670 shares in the last quarter. Peak Financial Management Inc. increased its position in abrdn Physical Precious Metals Basket Shares ETF by 2.7% during the 3rd quarter. Peak Financial Management Inc. now owns 64,451 shares of the company’s stock worth $12,007,000 after purchasing an additional 1,670 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in abrdn Physical Precious Metals Basket Shares ETF by 3.8% during the 1st quarter. Cetera Investment Advisers now owns 60,242 shares of the company’s stock worth $13,176,000 after purchasing an additional 2,207 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

Shares of NYSEARCA:GLTR opened at $174.16 on Friday. The firm has a 50 day simple moving average of $193.61 and a 200 day simple moving average of $199.05. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $167.52 and a one year high of $295.44.

abrdn Physical Precious Metals Basket Shares ETF Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.