abrdn Physical Platinum Shares ETF $PPLT Shares Sold by Alhambra Investment Management LLC

Alhambra Investment Management LLC lessened its position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 35.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,786 shares of the company’s stock after selling 4,234 shares during the period. Alhambra Investment Management LLC owned approximately 0.05% of abrdn Physical Platinum Shares ETF worth $1,452,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PPLT. Team Financial Group LLC bought a new position in abrdn Physical Platinum Shares ETF in the 4th quarter valued at about $33,000. Ball & Co Wealth Management Inc. bought a new position in shares of abrdn Physical Platinum Shares ETF in the third quarter valued at approximately $34,000. Raleigh Capital Management Inc. acquired a new position in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at approximately $34,000. Geneos Wealth Management Inc. increased its stake in shares of abrdn Physical Platinum Shares ETF by 2,060.0% during the first quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock valued at $39,000 after acquiring an additional 412 shares during the period. Finally, Assetmark Inc. raised its holdings in abrdn Physical Platinum Shares ETF by 407.3% during the third quarter. Assetmark Inc. now owns 279 shares of the company’s stock worth $40,000 after purchasing an additional 224 shares in the last quarter. 20.03% of the stock is currently owned by institutional investors.

abrdn Physical Platinum Shares ETF Stock Performance

Shares of abrdn Physical Platinum Shares ETF stock opened at $172.22 on Tuesday. The business has a fifty day simple moving average of $197.90 and a 200-day simple moving average of $172.86. abrdn Physical Platinum Shares ETF has a fifty-two week low of $82.79 and a fifty-two 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.