Wealth Watch Advisors INC increased its position in GraniteShares Platinum Trust (NYSEARCA:PLTM – Free Report) by 19.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 286,244 shares of the company’s stock after acquiring an additional 46,652 shares during the period. GraniteShares Platinum Trust comprises approximately 2.3% of Wealth Watch Advisors INC’s holdings, making the stock its 11th largest position. Wealth Watch Advisors INC’s holdings in GraniteShares Platinum Trust were worth $5,413,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sigma Planning Corp boosted its stake in GraniteShares Platinum Trust by 92.0% during the 4th quarter. Sigma Planning Corp now owns 205,485 shares of the company’s stock valued at $4,054,000 after purchasing an additional 98,457 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new position in shares of GraniteShares Platinum Trust in the fourth quarter worth $1,470,000. Oppenheimer & Co. Inc. purchased a new position in shares of GraniteShares Platinum Trust in the fourth quarter worth $624,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of GraniteShares Platinum Trust by 175.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,377 shares of the company’s stock valued at $67,000 after purchasing an additional 2,152 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of GraniteShares Platinum Trust by 100.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 1,878 shares of the company’s stock valued at $37,000 after purchasing an additional 939 shares in the last quarter.
GraniteShares Platinum Trust Price Performance
GraniteShares Platinum Trust stock opened at $15.29 on Monday. GraniteShares Platinum Trust has a one year low of $12.41 and a one year high of $27.69. The business’s fifty day moving average is $16.60 and its 200 day moving average is $19.20.
GraniteShares Platinum Trust Company Profile
The GraniteShares Platinum Trust (PLTM) 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 and liabilities, using physically held platinum. PLTM was launched on Jan 22, 2018 and is managed by GraniteShares.
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