AlphaCore Capital LLC Buys 4,808 Shares of abrdn Physical Platinum Shares ETF $PPLT

AlphaCore Capital LLC grew its stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 120.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,796 shares of the company’s stock after buying an additional 4,808 shares during the period. AlphaCore Capital LLC owned 0.06% of abrdn Physical Platinum Shares ETF worth $1,257,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PPLT. Geneos Wealth Management Inc. raised its stake in abrdn Physical Platinum Shares ETF by 2,060.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after acquiring an additional 412 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of abrdn Physical Platinum Shares ETF in the second quarter worth $5,257,000. Wakefield Asset Management LLLP bought a new stake in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter valued at $626,000. Moors & Cabot Inc. purchased a new position in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter valued at $326,000. Finally, Black Swift Group LLC bought a new position in abrdn Physical Platinum Shares ETF in the 2nd quarter worth $4,036,000. 20.03% of the stock is currently owned by institutional investors.

abrdn Physical Platinum Shares ETF Trading Down 0.1%

Shares of PPLT stock opened at $207.08 on Friday. The stock has a fifty day simple moving average of $205.46 and a two-hundred day simple moving average of $162.56. abrdn Physical Platinum Shares ETF has a 52-week low of $82.79 and a 52-week high of $261.62.

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.