Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $82.88, but opened at $85.04. Aberdeen Standard Physical Platinum Shares ETF shares last traded at $84.86, with a volume of 35,466 shares changing hands.
Aberdeen Standard Physical Platinum Shares ETF Stock Up 1.6 %
The company has a 50 day moving average price of $83.21 and a 200-day moving average price of $84.11.
Institutional Investors Weigh In On Aberdeen Standard Physical Platinum Shares ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of PPLT. JPMorgan Chase & Co. grew its position in Aberdeen Standard Physical Platinum Shares ETF by 9.2% during the 1st quarter. JPMorgan Chase & Co. now owns 7,632 shares of the company’s stock worth $700,000 after acquiring an additional 641 shares during the last quarter. Raymond James & Associates grew its position in Aberdeen Standard Physical Platinum Shares ETF by 9.1% during the 1st quarter. Raymond James & Associates now owns 22,876 shares of the company’s stock worth $2,099,000 after acquiring an additional 1,907 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter worth $326,000. Renaissance Technologies LLC bought a new stake in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter worth $1,092,000. Finally, Fort Point Capital Partners LLC acquired a new position in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter worth about $413,000.
Aberdeen Standard Physical Platinum Shares ETF Company 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.
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