abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT – Get Free Report)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $15.47, but opened at $14.68. abrdn Physical Platinum Shares ETF shares last traded at $14.7350, with a volume of 858,736 shares traded.
abrdn Physical Platinum Shares ETF Price Performance
The stock’s 50-day moving average price is $16.00 and its 200-day moving average price is $16.53.
Institutional Trading of abrdn Physical Platinum Shares ETF
Institutional investors have recently bought and sold shares of the company. CoreCap Advisors LLC raised its position in shares of abrdn Physical Platinum Shares ETF by 900.0% in the 2nd quarter. CoreCap Advisors LLC now owns 1,750 shares of the company’s stock worth $25,000 after acquiring an additional 1,575 shares in the last quarter. Lam Group Inc. boosted its position in shares of abrdn Physical Platinum Shares ETF by 900.0% during the 2nd quarter. Lam Group Inc. now owns 2,500 shares of the company’s stock valued at $35,000 after purchasing an additional 2,250 shares in the last quarter. Assetmark Inc. boosted its position in shares of abrdn Physical Platinum Shares ETF by 522.0% during the 1st quarter. Assetmark Inc. now owns 255 shares of the company’s stock valued at $45,000 after purchasing an additional 214 shares in the last quarter. Arlington Trust Co LLC grew its stake in abrdn Physical Platinum Shares ETF by 900.0% during the second quarter. Arlington Trust Co LLC now owns 3,320 shares of the company’s stock worth $47,000 after purchasing an additional 2,988 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in abrdn Physical Platinum Shares ETF by 900.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,700 shares of the company’s stock worth $52,000 after purchasing an additional 3,330 shares during the period. Institutional investors own 20.03% of the company’s stock.
About abrdn Physical Platinum Shares ETF
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.
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