Money Concepts Capital Corp Purchases Shares of 3,755 abrdn Physical Platinum Shares ETF $PPLT

Money Concepts Capital Corp acquired a new position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,755 shares of the company’s stock, valued at approximately $537,000.

Other hedge funds have also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings 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 in the last quarter. Janney Montgomery Scott LLC increased its position in abrdn Physical Platinum Shares ETF by 7.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 12,428 shares of the company’s stock valued at $1,527,000 after purchasing an additional 894 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in abrdn Physical Platinum Shares ETF by 10.9% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 6,100 shares of the company’s stock worth $750,000 after purchasing an additional 600 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of abrdn Physical Platinum Shares ETF by 2,768.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 86,046 shares of the company’s stock worth $10,572,000 after purchasing an additional 83,046 shares during the period. Finally, Capital Advisors Inc. OK bought a new stake in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter valued at about $303,000. 20.03% of the stock is owned by hedge funds and other institutional investors.

abrdn Physical Platinum Shares ETF Trading Up 4.1%

Shares of NYSEARCA PPLT opened at $202.59 on Wednesday. abrdn Physical Platinum Shares ETF has a 1 year low of $82.79 and a 1 year high of $261.62. The company’s 50-day moving average is $192.80 and its 200 day moving average is $154.90.

About abrdn Physical Platinum Shares ETF

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.