Twin Focus Capital Partners LLC Makes New $219,000 Investment in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT)

Twin Focus Capital Partners LLC purchased a new position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,400 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors have also bought and sold shares of the company. US Bancorp DE purchased a new stake in abrdn Physical Platinum Shares ETF in the 1st quarter worth $41,000. Signaturefd LLC purchased a new position in shares of abrdn Physical Platinum Shares ETF during the first quarter valued at about $76,000. Pandora Wealth Inc. purchased a new position in shares of abrdn Physical Platinum Shares ETF during the first quarter valued at about $91,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of abrdn Physical Platinum Shares ETF during the first quarter valued at about $206,000. Finally, BNP Paribas Financial Markets grew its position in shares of abrdn Physical Platinum Shares ETF by 103.0% during the fourth quarter. BNP Paribas Financial Markets now owns 2,347 shares of the company’s stock valued at $195,000 after purchasing an additional 1,191 shares in the last quarter. Hedge funds and other institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Stock Performance

Shares of abrdn Physical Platinum Shares ETF stock opened at $122.34 on Friday. The business has a 50-day moving average price of $122.62 and a 200-day moving average price of $101.53. abrdn Physical Platinum Shares ETF has a twelve month low of $82.35 and a twelve month high of $133.80.

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.