Pettinga Financial Advisors LLC boosted its position in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT – Free Report) by 881.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 50,850 shares of the company’s stock after acquiring an additional 45,670 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in abrdn Physical Platinum Shares ETF were worth $719,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the business. HHM Wealth Advisors LLC purchased a new stake in abrdn Physical Platinum Shares ETF in the fourth quarter valued at $25,000. Acumen Wealth Advisors LLC purchased a new stake in abrdn Physical Platinum Shares ETF during the fourth quarter worth $25,000. Creative Financial Designs Inc. ADV grew its position in abrdn Physical Platinum Shares ETF by 316.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 150 shares of the company’s stock valued at $28,000 after buying an additional 114 shares during the period. Lam Group Inc. purchased a new position in abrdn Physical Platinum Shares ETF in the first quarter valued at $45,000. Finally, Assetmark Inc. raised its position in shares of abrdn Physical Platinum Shares ETF by 522.0% in the first quarter. Assetmark Inc. now owns 255 shares of the company’s stock worth $45,000 after acquiring an additional 214 shares during the period. 20.03% of the stock is currently owned by institutional investors and hedge funds.
abrdn Physical Platinum Shares ETF Stock Performance
NYSEARCA:PPLT opened at $15.85 on Monday. abrdn Physical Platinum Shares ETF has a 52 week low of $11.86 and a 52 week high of $26.16. The stock’s 50-day moving average price is $15.19 and its 200-day moving average price is $17.74.
About abrdn Physical Platinum Shares ETF
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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