Black Swift Group LLC Boosts Stake in abrdn Physical Platinum Shares ETF $PPLT

Black Swift Group LLC grew its stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 61.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,090 shares of the company’s stock after buying an additional 20,245 shares during the period. abrdn Physical Platinum Shares ETF accounts for 1.3% of Black Swift Group LLC’s investment portfolio, making the stock its 23rd biggest position. Black Swift Group LLC owned approximately 0.39% of abrdn Physical Platinum Shares ETF worth $7,585,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Ball & Co Wealth Management Inc. acquired a new stake in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at $34,000. Raleigh Capital Management Inc. acquired a new position in abrdn Physical Platinum Shares ETF in the 3rd quarter valued at about $34,000. Allworth Financial LP raised its stake in abrdn Physical Platinum Shares ETF by 137.6% in the 2nd quarter. Allworth Financial LP now owns 297 shares of the company’s stock valued at $36,000 after purchasing an additional 172 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in 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 valued at $39,000 after purchasing an additional 412 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in abrdn Physical Platinum Shares ETF by 407.3% in the 3rd quarter. Assetmark Inc. now owns 279 shares of the company’s stock valued at $40,000 after purchasing an additional 224 shares in the last quarter. 20.03% of the stock is owned by institutional investors and hedge funds.

abrdn Physical Platinum Shares ETF Stock Up 0.8%

abrdn Physical Platinum Shares ETF stock opened at $193.41 on Friday. abrdn Physical Platinum Shares ETF has a 12-month low of $82.79 and a 12-month high of $261.62. The firm’s 50-day moving average is $205.21 and its two-hundred day moving average is $166.10.

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.