Mirae Asset Global Investments Co. Ltd. Makes New $1.54 Million Investment in abrdn Physical Platinum Shares ETF $PPLT

Mirae Asset Global Investments Co. Ltd. purchased a new position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 100,000 shares of the company’s stock, valued at approximately $1,541,000.

A number of other large investors also recently added to or reduced their stakes in the stock. WIT Partners Advisory Pte. Ltd. lifted its holdings in abrdn Physical Platinum Shares ETF by 2,314.0% during the second quarter. WIT Partners Advisory Pte. Ltd. now owns 554,491 shares of the company’s stock valued at $7,835,000 after purchasing an additional 531,521 shares in the last quarter. Proficio Capital Partners LLC grew its position in shares of abrdn Physical Platinum Shares ETF by 286.0% in the second quarter. Proficio Capital Partners LLC now owns 235,390 shares of the company’s stock valued at $3,326,000 after purchasing an additional 174,411 shares during the period. Confluence Investment Management LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 1,284.3% during the second quarter. Confluence Investment Management LLC now owns 75,305 shares of the company’s stock worth $1,064,000 after purchasing an additional 69,865 shares in the last quarter. Briaud Financial Planning Inc increased its stake in shares of abrdn Physical Platinum Shares ETF by 896.1% during the second quarter. Briaud Financial Planning Inc now owns 66,240 shares of the company’s stock worth $936,000 after purchasing an additional 59,590 shares in the last quarter. Finally, Pettinga Financial Advisors LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 881.7% during the second quarter. Pettinga Financial Advisors LLC now owns 50,850 shares of the company’s stock worth $719,000 after purchasing an additional 45,670 shares in the last quarter. 20.03% of the stock is currently owned by institutional investors and hedge funds.

abrdn Physical Platinum Shares ETF Stock Performance

PPLT opened at $13.86 on Friday. abrdn Physical Platinum Shares ETF has a twelve month low of $12.80 and a twelve month high of $26.16. The company has a 50-day moving average price of $15.20 and a 200 day moving average price of $17.01.

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.