Fortis Capital Advisors LLC Has $778,000 Stock Position in abrdn Physical Palladium Shares ETF $PALL

Fortis Capital Advisors LLC reduced its position in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) by 73.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,353 shares of the exchange traded fund’s stock after selling 14,657 shares during the period. Fortis Capital Advisors LLC owned about 0.07% of abrdn Physical Palladium Shares ETF worth $778,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Noble Wealth Management PBC acquired a new position in abrdn Physical Palladium Shares ETF in the 4th quarter worth approximately $29,000. Spire Wealth Management acquired a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter valued at $31,000. Advisory Services Network LLC purchased a new stake in shares of abrdn Physical Palladium Shares ETF in the third quarter valued at $92,000. Binnacle Investments Inc purchased a new stake in shares of abrdn Physical Palladium Shares ETF in the third quarter valued at $103,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of abrdn Physical Palladium Shares ETF by 40.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,400 shares of the exchange traded fund’s stock worth $204,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Stock Down 0.6%

Shares of abrdn Physical Palladium Shares ETF stock opened at $141.70 on Tuesday. abrdn Physical Palladium Shares ETF has a 12 month low of $84.90 and a 12 month high of $197.41. The business has a fifty day simple moving average of $144.75 and a 200-day simple moving average of $144.62.

About abrdn Physical Palladium Shares ETF

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.