Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Sees Unusually-High Trading Volume

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) shares saw an uptick in trading volume on Wednesday . 43,981 shares were traded during mid-day trading, a decline of 62% from the previous session’s volume of 116,271 shares.The stock last traded at $84.54 and had previously closed at $85.68.

Aberdeen Standard Physical Platinum Shares ETF Stock Down 1.8 %

The firm’s fifty day moving average is $86.30 and its 200 day moving average is $90.85.

Institutional Investors Weigh In On Aberdeen Standard Physical Platinum Shares ETF

Several institutional investors have recently bought and sold shares of PPLT. AdvisorNet Financial Inc grew its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 43.8% during the first quarter. AdvisorNet Financial Inc now owns 345 shares of the company’s stock worth $32,000 after buying an additional 105 shares in the last quarter. Toroso Investments LLC raised its holdings in Aberdeen Standard Physical Platinum Shares ETF by 3.9% in the 1st quarter. Toroso Investments LLC now owns 2,830 shares of the company’s stock valued at $260,000 after acquiring an additional 107 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Aberdeen Standard Physical Platinum Shares ETF by 1.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,396 shares of the company’s stock worth $911,000 after purchasing an additional 126 shares in the last quarter. WESCAP Management Group Inc. boosted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 1.4% during the 1st quarter. WESCAP Management Group Inc. now owns 12,255 shares of the company’s stock worth $1,127,000 after purchasing an additional 164 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 2.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,987 shares of the company’s stock valued at $694,000 after purchasing an additional 194 shares in the last quarter.

About Aberdeen Standard 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.