abrdn Physical Precious Metals Basket Shares ETF $GLTR is Peak Financial Management Inc.’s 8th Largest Position

Peak Financial Management Inc. trimmed its holdings in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 14.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,857 shares of the company’s stock after selling 10,535 shares during the period. abrdn Physical Precious Metals Basket Shares ETF accounts for about 3.4% of Peak Financial Management Inc.’s holdings, making the stock its 8th biggest holding. Peak Financial Management Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $13,529,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new position in abrdn Physical Precious Metals Basket Shares ETF during the third quarter worth about $32,000. Seneschal Advisors LLC acquired a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter valued at about $40,000. Longview Financial Advisors Inc. acquired a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 1st quarter valued at about $50,000. JPMorgan Chase & Co. acquired a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $61,000. Finally, Advisory Services Network LLC purchased a new position in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth approximately $63,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

Shares of abrdn Physical Precious Metals Basket Shares ETF stock opened at $186.27 on Friday. The stock’s 50 day simple moving average is $205.98 and its 200-day simple moving average is $220.60. abrdn Physical Precious Metals Basket Shares ETF has a 1-year low of $137.98 and a 1-year high of $295.44.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.