Arvest Investments Inc. Sells 10,513 Shares of abrdn Physical Palladium Shares ETF $PALL

Arvest Investments Inc. lowered its stake in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) by 56.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,240 shares of the exchange traded fund’s stock after selling 10,513 shares during the quarter. Arvest Investments Inc. owned 0.11% of abrdn Physical Palladium Shares ETF worth $1,198,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of abrdn Physical Palladium Shares ETF by 389.6% in the 2nd quarter. Bank of America Corp DE now owns 125,787 shares of the exchange traded fund’s stock worth $12,655,000 after buying an additional 100,097 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of abrdn Physical Palladium Shares ETF by 202.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 116,622 shares of the exchange traded fund’s stock worth $13,315,000 after purchasing an additional 78,005 shares during the period. Gradient Investments LLC lifted its stake in shares of abrdn Physical Palladium Shares ETF by 21.1% in the 4th quarter. Gradient Investments LLC now owns 95,808 shares of the exchange traded fund’s stock worth $13,929,000 after purchasing an additional 16,676 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of abrdn Physical Palladium Shares ETF by 23.5% in the third quarter. JPMorgan Chase & Co. now owns 68,035 shares of the exchange traded fund’s stock worth $7,768,000 after buying an additional 12,966 shares during the last quarter. Finally, Manatuck Hill Partners LLC bought a new stake in abrdn Physical Palladium Shares ETF during the second quarter valued at approximately $6,540,000. Institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Price Performance

Shares of PALL stock opened at $137.31 on Friday. abrdn Physical Palladium Shares ETF has a 12 month low of $82.39 and a 12 month high of $197.41. The company has a 50 day simple moving average of $150.20 and a two-hundred day simple moving average of $141.88.

abrdn Physical Palladium Shares ETF Profile

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.