Bleakley Financial Group LLC Makes New $2.68 Million Investment in abrdn Physical Platinum Shares ETF $PPLT

Bleakley Financial Group LLC acquired a new position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,774 shares of the company’s stock, valued at approximately $2,675,000. Bleakley Financial Group LLC owned approximately 0.17% of abrdn Physical Platinum Shares ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. West Oak Capital LLC purchased a new position in shares of abrdn Physical Platinum Shares ETF in the 2nd quarter worth $33,000. Geneos Wealth Management Inc. grew its stake in shares of abrdn Physical Platinum Shares ETF by 2,060.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after buying an additional 412 shares in the last quarter. US Bancorp DE purchased a new position in shares of abrdn Physical Platinum Shares ETF in the 1st quarter worth $41,000. Ridgewood Investments LLC purchased a new position in shares of abrdn Physical Platinum Shares ETF in the 2nd quarter worth $71,000. Finally, Signaturefd LLC purchased a new position in shares of abrdn Physical Platinum Shares ETF in the 1st quarter worth $76,000. 20.03% of the stock is owned by hedge funds and other institutional investors.

abrdn Physical Platinum Shares ETF Price Performance

Shares of NYSEARCA:PPLT opened at $146.26 on Friday. The firm has a fifty day simple moving average of $135.11 and a two-hundred day simple moving average of $117.42. abrdn Physical Platinum Shares ETF has a 52 week low of $82.35 and a 52 week high of $157.85.

abrdn Physical Platinum Shares ETF 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.