Prospector Partners LLC Sells 2,914 Shares of abrdn Physical Platinum Shares ETF $PPLT

Prospector Partners LLC cut its position in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,755 shares of the company’s stock after selling 2,914 shares during the period. abrdn Physical Platinum Shares ETF accounts for 1.5% of Prospector Partners LLC’s portfolio, making the stock its 29th largest holding. Prospector Partners LLC owned 0.65% of abrdn Physical Platinum Shares ETF worth $12,538,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PPLT. Benjamin Edwards Inc. increased its position in abrdn Physical Platinum Shares ETF by 2.5% during the third quarter. Benjamin Edwards Inc. now owns 3,063 shares of the company’s stock worth $438,000 after buying an additional 75 shares during the last quarter. Allworth Financial LP boosted its stake in shares of abrdn Physical Platinum Shares ETF by 137.6% during the 2nd quarter. Allworth Financial LP now owns 297 shares of the company’s stock worth $36,000 after acquiring an additional 172 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of abrdn Physical Platinum Shares ETF by 43.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 618 shares of the company’s stock worth $76,000 after acquiring an additional 186 shares during the last quarter. Assetmark Inc. raised its stake in abrdn Physical Platinum Shares ETF by 407.3% in the 3rd quarter. Assetmark Inc. now owns 279 shares of the company’s stock valued at $40,000 after acquiring an additional 224 shares during the period. Finally, Raleigh Capital Management Inc. acquired a new stake in abrdn Physical Platinum Shares ETF during the 3rd quarter valued at $34,000. 20.03% of the stock is owned by institutional investors.

abrdn Physical Platinum Shares ETF Trading Up 3.5%

NYSEARCA:PPLT opened at $189.27 on Thursday. The firm’s fifty day moving average price is $201.42 and its two-hundred day moving average price is $159.58. abrdn Physical Platinum Shares ETF has a one year low of $82.79 and a one year high of $261.62.

abrdn 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.