Global View Capital Management LLC Makes New $1.03 Million Investment in abrdn Physical Platinum Shares ETF $PPLT

Global View Capital Management LLC bought a new stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,519 shares of the company’s stock, valued at approximately $1,029,000.

Several other hedge funds and other institutional investors have also made changes to their positions in PPLT. CENTRAL TRUST Co increased its position in shares of abrdn Physical Platinum Shares ETF by 4.1% during the third quarter. CENTRAL TRUST Co now owns 331,313 shares of the company’s stock worth $47,338,000 after purchasing an additional 13,200 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in abrdn Physical Platinum Shares ETF by 15.2% in the 3rd quarter. Raymond James Financial Inc. now owns 72,865 shares of the company’s stock valued at $10,411,000 after purchasing an additional 9,587 shares in the last quarter. Bank of America Corp DE lifted its holdings in abrdn Physical Platinum Shares ETF by 38.3% in the 3rd quarter. Bank of America Corp DE now owns 53,268 shares of the company’s stock valued at $7,611,000 after purchasing an additional 14,739 shares in the last quarter. Black Swift Group LLC boosted its stake in abrdn Physical Platinum Shares ETF by 61.6% during the 3rd quarter. Black Swift Group LLC now owns 53,090 shares of the company’s stock worth $7,585,000 after purchasing an additional 20,245 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. boosted its stake in abrdn Physical Platinum Shares ETF by 90.4% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 50,449 shares of the company’s stock worth $7,208,000 after purchasing an additional 23,949 shares during the last quarter. Hedge funds and other institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

abrdn Physical Platinum Shares ETF stock opened at $169.40 on Monday. The company has a fifty day simple moving average of $198.64 and a 200-day simple moving average of $172.53. 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.