abrdn Physical Palladium Shares ETF $PALL Shares Sold by Alhambra Investment Management LLC

Alhambra Investment Management LLC lessened its holdings in shares of abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) by 40.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,925 shares of the exchange traded fund’s stock after selling 5,995 shares during the quarter. Alhambra Investment Management LLC owned about 0.12% of abrdn Physical Palladium Shares ETF worth $1,298,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Noble Wealth Management PBC purchased a new position in abrdn Physical Palladium Shares ETF in the 4th quarter valued at approximately $29,000. Spire Wealth Management acquired a new position in abrdn Physical Palladium Shares ETF during the 4th quarter worth $31,000. Advisory Services Network LLC purchased a new stake in abrdn Physical Palladium Shares ETF during the 3rd quarter worth about $92,000. Binnacle Investments Inc purchased a new stake in abrdn Physical Palladium Shares ETF during the 3rd quarter worth about $103,000. Finally, US Bancorp DE raised its position in abrdn Physical Palladium Shares ETF by 219.2% in the 3rd quarter. US Bancorp DE now owns 1,564 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 1,074 shares in the last quarter. Hedge funds and other institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Stock Up 2.1%

Shares of NYSEARCA:PALL opened at $128.11 on Tuesday. The firm’s 50 day moving average price is $153.30 and its 200 day moving average price is $141.60. abrdn Physical Palladium Shares ETF has a fifty-two week low of $82.39 and a fifty-two week high of $197.41.

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.