abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Stock Price Pass Above Two Hundred Day Moving Average – What’s Next?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $140.05 and traded as high as $148.10. abrdn Physical Palladium Shares ETF shares last traded at $145.85, with a volume of 93,717 shares changing hands.

abrdn Physical Palladium Shares ETF Stock Performance

The company has a 50-day moving average of $159.87 and a 200-day moving average of $140.05.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. National Bank of Canada FI grew its holdings in shares of abrdn Physical Palladium Shares ETF by 1.3% during the third quarter. National Bank of Canada FI now owns 6,815 shares of the exchange traded fund’s stock valued at $777,000 after purchasing an additional 85 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of abrdn Physical Palladium Shares ETF by 3.0% during the fourth quarter. Perigon Wealth Management LLC now owns 4,071 shares of the exchange traded fund’s stock valued at $592,000 after acquiring an additional 120 shares during the period. Benjamin Edwards Inc. grew its position in shares of abrdn Physical Palladium Shares ETF by 5.1% during the third quarter. Benjamin Edwards Inc. now owns 3,069 shares of the exchange traded fund’s stock worth $350,000 after acquiring an additional 149 shares during the last quarter. Harbour Investments Inc. grew its position in shares of abrdn Physical Palladium Shares ETF by 238.0% during the fourth quarter. Harbour Investments Inc. now owns 240 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 169 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of abrdn Physical Palladium Shares ETF by 2,437.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 203 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 195 shares during the period. 23.28% of the stock is currently owned by institutional investors.

abrdn Physical Palladium Shares ETF Company Profile

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.