abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as $12.86 and last traded at $12.8650, with a volume of 1,280,686 shares. The stock had previously closed at $13.07.
abrdn Physical Platinum Shares ETF Trading Up 1.6%
The business has a fifty day simple moving average of $15.26 and a two-hundred day simple moving average of $17.04.
Institutional Investors Weigh In On abrdn Physical Platinum Shares ETF
A number of hedge funds have recently made changes to their positions in the stock. Rakuten Investment Management Inc. purchased a new stake in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter valued at $31,690,000. WIT Partners Advisory Pte. Ltd. boosted its stake in abrdn Physical Platinum Shares ETF by 2,314.0% in the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 554,491 shares of the company’s stock worth $7,835,000 after purchasing an additional 531,521 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of abrdn Physical Platinum Shares ETF by 286.0% during the second quarter. Proficio Capital Partners LLC now owns 235,390 shares of the company’s stock worth $3,326,000 after buying an additional 174,411 shares during the period. Hohimer Wealth Management LLC purchased a new stake in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at $1,577,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in abrdn Physical Platinum Shares ETF during the 3rd quarter worth about $1,541,000. 20.03% of the stock is currently owned by hedge funds and other institutional investors.
abrdn Physical Platinum Shares ETF Company Profile
The abrdn Physical Platinum Shares ETF (PPLT) 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, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.
See Also
- Five stocks we like better than abrdn Physical Platinum Shares ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for abrdn Physical Platinum Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Platinum Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.
