Envestnet Asset Management Inc. Has $1.46 Million Stock Position in abrdn Physical Platinum Shares ETF $PPLT

Envestnet Asset Management Inc. cut its holdings in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 5.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,860 shares of the company’s stock after selling 702 shares during the period. Envestnet Asset Management Inc. owned approximately 0.09% of abrdn Physical Platinum Shares ETF worth $1,457,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of PPLT. Brookwood Investment Group LLC bought a new stake in abrdn Physical Platinum Shares ETF in the 1st quarter valued at about $1,532,000. Cetera Investment Advisers raised its position in shares of abrdn Physical Platinum Shares ETF by 30.6% in the first quarter. Cetera Investment Advisers now owns 5,380 shares of the company’s stock valued at $492,000 after buying an additional 1,259 shares in the last quarter. LPL Financial LLC boosted its stake in shares of abrdn Physical Platinum Shares ETF by 15.2% in the first quarter. LPL Financial LLC now owns 68,470 shares of the company’s stock valued at $6,256,000 after buying an additional 9,041 shares during the period. Carrera Capital Advisors grew its position in abrdn Physical Platinum Shares ETF by 20.3% during the first quarter. Carrera Capital Advisors now owns 26,787 shares of the company’s stock worth $2,448,000 after buying an additional 4,522 shares in the last quarter. Finally, US Bancorp DE bought a new position in abrdn Physical Platinum Shares ETF during the 1st quarter worth $41,000. 20.03% of the stock is owned by institutional investors.

abrdn Physical Platinum Shares ETF Stock Up 0.5%

Shares of NYSEARCA PPLT opened at $140.54 on Thursday. The business has a fifty day moving average price of $141.68 and a two-hundred day moving average price of $124.77. abrdn Physical Platinum Shares ETF has a fifty-two week low of $82.35 and a fifty-two 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.