Raymond James & Associates Decreases Position in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Raymond James & Associates trimmed its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 12.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,180 shares of the company’s stock after selling 2,279 shares during the period. Raymond James & Associates’ holdings in Aberdeen Standard Physical Platinum Shares ETF were worth $1,475,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the 1st quarter valued at about $28,000. Strategic Investment Solutions Inc. IL bought a new stake in Aberdeen Standard Physical Platinum Shares ETF in the first quarter valued at approximately $29,000. Tower Research Capital LLC TRC purchased a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF during the first quarter valued at approximately $33,000. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 95.1% during the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 439 shares of the company’s stock valued at $44,000 after purchasing an additional 214 shares during the period. Finally, Sunbelt Securities Inc. bought a new position in shares of Aberdeen Standard Physical Platinum Shares ETF in the first quarter worth approximately $79,000.

Aberdeen Standard Physical Platinum Shares ETF Trading Down 0.2 %

NYSEARCA:PPLT opened at $86.58 on Friday. The company has a fifty day moving average of $84.25 and a 200 day moving average of $84.38. Aberdeen Standard Physical Platinum Shares ETF has a 52 week low of $77.68 and a 52 week high of $104.67.

Aberdeen Standard 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.