abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Trading 2.6% Higher – What’s Next?

Shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) were up 2.6% during trading on Friday . The company traded as high as $218.79 and last traded at $218.2950. Approximately 16,120 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 59,447 shares. The stock had previously closed at $212.80.

abrdn Physical Precious Metals Basket Shares ETF Trading Up 4.5%

The firm’s fifty day moving average is $184.89 and its 200-day moving average is $161.73.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Measured Wealth Private Client Group LLC bought a new position in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth approximately $32,000. Ameritas Advisory Services LLC purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF during the second quarter worth $29,000. GGM Financials LLC bought a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter worth $38,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF in the third quarter valued at $39,000. Finally, IFP Advisors Inc grew its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 100.0% in the second quarter. IFP Advisors Inc now owns 246 shares of the company’s stock valued at $34,000 after purchasing an additional 123 shares in the last quarter.

About abrdn Physical Precious Metals Basket Shares ETF

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.