Woodward Diversified Capital LLC Trims Stock Position in abrdn Physical Platinum Shares ETF $PPLT

Woodward Diversified Capital LLC lessened its stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 76.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,152 shares of the company’s stock after selling 3,653 shares during the period. Woodward Diversified Capital LLC’s holdings in abrdn Physical Platinum Shares ETF were worth $215,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PPLT. CENTRAL TRUST Co increased its holdings in abrdn Physical Platinum Shares ETF by 4.1% during the 3rd quarter. CENTRAL TRUST Co now owns 331,313 shares of the company’s stock worth $47,338,000 after purchasing an additional 13,200 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of abrdn Physical Platinum Shares ETF by 15.2% in the 3rd quarter. Raymond James Financial Inc. now owns 72,865 shares of the company’s stock worth $10,411,000 after buying an additional 9,587 shares during the period. Bank of America Corp DE grew its position in shares of abrdn Physical Platinum Shares ETF by 38.3% during the 3rd quarter. Bank of America Corp DE now owns 53,268 shares of the company’s stock worth $7,611,000 after buying an additional 14,739 shares in the last quarter. Black Swift Group LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 61.6% during the third quarter. Black Swift Group LLC now owns 53,090 shares of the company’s stock valued at $7,585,000 after buying an additional 20,245 shares during the period. Finally, Pekin Hardy Strauss Inc. raised its holdings in shares of abrdn Physical Platinum Shares ETF by 90.4% in the third quarter. Pekin Hardy Strauss Inc. now owns 50,449 shares of the company’s stock valued at $7,208,000 after acquiring an additional 23,949 shares in the last quarter. Institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

NYSEARCA:PPLT opened at $169.40 on Monday. abrdn Physical Platinum Shares ETF has a 1-year low of $82.79 and a 1-year high of $261.62. The company has a 50-day moving average of $198.64 and a 200 day moving average of $172.53.

abrdn Physical Platinum Shares ETF 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.