Accordant Advisory Group Inc Takes $3.50 Million Position in abrdn Physical Platinum Shares ETF $PPLT

Accordant Advisory Group Inc purchased a new position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 24,497 shares of the company’s stock, valued at approximately $3,500,000. abrdn Physical Platinum Shares ETF accounts for about 2.4% of Accordant Advisory Group Inc’s portfolio, making the stock its 13th largest holding. Accordant Advisory Group Inc owned approximately 0.18% of abrdn Physical Platinum Shares ETF as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of PPLT. Mirae Asset Global Investments Co. Ltd. raised its position in abrdn Physical Platinum Shares ETF by 10.9% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,100 shares of the company’s stock worth $750,000 after acquiring an additional 600 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of abrdn Physical Platinum Shares ETF by 7.8% in the second quarter. Janney Montgomery Scott LLC now owns 12,428 shares of the company’s stock valued at $1,527,000 after purchasing an additional 894 shares during the last quarter. WT Wealth Management purchased a new position in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter worth approximately $698,000. Axxcess Wealth Management LLC acquired a new position in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter worth approximately $271,000. Finally, Intrepid Family Office LLC acquired a new position in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter worth approximately $6,144,000. 20.03% of the stock is owned by hedge funds and other institutional investors.

abrdn Physical Platinum Shares ETF Trading Up 4.3%

Shares of NYSEARCA:PPLT opened at $194.50 on Monday. The business’s fifty day moving average price is $158.72 and its two-hundred day moving average price is $140.18. abrdn Physical Platinum Shares ETF has a one year low of $82.79 and a one year high of $225.71.

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.