abrdn Physical Platinum Shares ETF $PPLT Shares Acquired by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. boosted its holdings in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 165.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,097 shares of the company’s stock after purchasing an additional 3,177 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in abrdn Physical Platinum Shares ETF were worth $728,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Ball & Co Wealth Management Inc. acquired a new stake in shares of abrdn Physical Platinum Shares ETF during the third quarter worth approximately $34,000. Allworth Financial LP boosted its stake in abrdn Physical Platinum Shares ETF by 137.6% during the 2nd quarter. Allworth Financial LP now owns 297 shares of the company’s stock valued at $36,000 after acquiring an additional 172 shares during the last quarter. MAI Capital Management grew its holdings in abrdn Physical Platinum Shares ETF by 252.9% during the 2nd quarter. MAI Capital Management now owns 367 shares of the company’s stock worth $45,000 after acquiring an additional 263 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of abrdn Physical Platinum Shares ETF by 2,060.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after purchasing an additional 412 shares during the last quarter. Finally, Private Trust Co. NA bought a new stake in shares of abrdn Physical Platinum Shares ETF in the 3rd quarter worth about $68,000. 20.03% of the stock is currently owned by hedge funds and other institutional investors.

abrdn Physical Platinum Shares ETF Stock Down 3.6%

Shares of PPLT stock opened at $237.78 on Wednesday. abrdn Physical Platinum Shares ETF has a one year low of $82.79 and a one year high of $261.62. The company’s 50-day simple moving average is $185.22 and its 200-day simple moving average is $151.83.

abrdn Physical Platinum Shares ETF 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.