abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) Trading Up 0.4% – What’s Next?

abrdn Physical Platinum Shares ETF (NYSEARCA:PPLTGet Free Report) shares were up 0.4% during trading on Wednesday . The company traded as high as $15.10 and last traded at $14.88. Approximately 1,413,453 shares were traded during trading, a decline of 74% from the average daily volume of 5,356,127 shares. The stock had previously closed at $14.82.

abrdn Physical Platinum Shares ETF Trading Up 0.4%

The stock has a fifty day moving average of $15.86 and a 200 day moving average of $18.24.

Institutional Investors Weigh In On abrdn Physical Platinum Shares ETF

Large investors have recently made changes to their positions in the business. HHM Wealth Advisors LLC bought a new stake in shares of abrdn Physical Platinum Shares ETF during the 4th quarter worth $25,000. Acumen Wealth Advisors LLC purchased a new stake in abrdn Physical Platinum Shares ETF during the fourth quarter worth about $25,000. Creative Financial Designs Inc. ADV increased its holdings in abrdn Physical Platinum Shares ETF by 316.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 150 shares of the company’s stock worth $28,000 after buying an additional 114 shares during the last quarter. Team Financial Group LLC purchased a new stake in abrdn Physical Platinum Shares ETF during the fourth quarter worth about $33,000. Finally, Lam Group Inc. bought a new stake in abrdn Physical Platinum Shares ETF in the first quarter worth about $45,000. 20.03% of the stock is owned by hedge funds and other institutional investors.

About abrdn Physical Platinum Shares ETF

(Get Free Report)

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.

Further Reading

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