abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Reaches New 52-Week Low – Here’s What Happened

Shares of abrdn Physical Palladium Shares ETF (NYSEARCA:PALL – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as $19.99 and last traded at $20.0450, with a volume of 239,371 shares trading hands. The stock had previously closed at $20.38.

abrdn Physical Palladium Shares ETF Stock Performance

The business’s 50-day moving average is $23.47 and its 200 day moving average is $24.37.

Institutional Investors Weigh In On abrdn Physical Palladium Shares ETF

Institutional investors have recently made changes to their positions in the stock. Main Street Group LTD bought a new position in shares of abrdn Physical Palladium Shares ETF in the first quarter worth $27,000. Strategic Investment Solutions Inc. IL raised its stake in abrdn Physical Palladium Shares ETF by 400.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 1,150 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 920 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in abrdn Physical Palladium Shares ETF in the fourth quarter valued at about $218,000. Noble Wealth Management PBC lifted its position in abrdn Physical Palladium Shares ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 2,010 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 1,608 shares during the period. Finally, Cardiff Park Advisors LLC bought a new stake in abrdn Physical Palladium Shares ETF during the first quarter worth about $302,000. 23.28% of the stock is currently owned by institutional investors.

abrdn Physical Palladium Shares ETF Company Profile

(Get Free Report)

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.

Further Reading

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