Janney Montgomery Scott LLC Has $1.53 Million Stock Position in abrdn Physical Platinum Shares ETF $PPLT

Janney Montgomery Scott LLC boosted its position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 7.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,428 shares of the company’s stock after purchasing an additional 894 shares during the period. Janney Montgomery Scott LLC owned 0.09% of abrdn Physical Platinum Shares ETF worth $1,527,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CENTRAL TRUST Co increased its holdings in abrdn Physical Platinum Shares ETF by 38.2% in the 1st quarter. CENTRAL TRUST Co now owns 255,915 shares of the company’s stock worth $23,383,000 after purchasing an additional 70,795 shares in the last quarter. JGP Global Gestao de Recursos Ltda. acquired a new position in abrdn Physical Platinum Shares ETF in the 1st quarter worth about $12,792,000. LPL Financial LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 15.2% in the first quarter. LPL Financial LLC now owns 68,470 shares of the company’s stock valued at $6,256,000 after buying an additional 9,041 shares during the period. Money Design Co. Ltd. increased its stake in shares of abrdn Physical Platinum Shares ETF by 30.5% in the first quarter. Money Design Co. Ltd. now owns 62,021 shares of the company’s stock valued at $5,667,000 after buying an additional 14,480 shares during the period. Finally, Gradient Investments LLC increased its stake in shares of abrdn Physical Platinum Shares ETF by 6.5% in the second quarter. Gradient Investments LLC now owns 44,523 shares of the company’s stock valued at $5,471,000 after buying an additional 2,709 shares during the period. Institutional investors and hedge funds own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

Shares of PPLT stock opened at $145.79 on Friday. The stock has a 50-day moving average of $129.78 and a 200-day moving average of $113.41. abrdn Physical Platinum Shares ETF has a 1-year low of $82.35 and a 1-year high of $153.54.

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.