Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Sees Unusually-High Trading Volume

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLTGet Free Report) saw strong trading volume on Wednesday . 90,056 shares traded hands during trading, a decline of 38% from the previous session’s volume of 146,115 shares.The stock last traded at $95.80 and had previously closed at $95.27.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

The business’s 50 day simple moving average is $86.31 and its two-hundred day simple moving average is $85.16.

Institutional Trading of Aberdeen Standard Physical Platinum Shares ETF

Several institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the fourth quarter worth approximately $56,000. Ingalls & Snyder LLC grew its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 22.7% in the fourth quarter. Ingalls & Snyder LLC now owns 14,468 shares of the company’s stock worth $1,319,000 after acquiring an additional 2,680 shares during the period. Daiwa Securities Group Inc. grew its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 22.9% in the third quarter. Daiwa Securities Group Inc. now owns 2,150 shares of the company’s stock worth $180,000 after acquiring an additional 400 shares during the period. SG Americas Securities LLC grew its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 0.8% in the fourth quarter. SG Americas Securities LLC now owns 59,555 shares of the company’s stock worth $5,429,000 after acquiring an additional 500 shares during the period. Finally, Rathbones Group PLC bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the third quarter worth approximately $443,000.

About Aberdeen Standard Physical Platinum Shares ETF

(Get Free Report)

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.

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