abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Shares Gap Down – Time to Sell?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL)’s share price gapped down prior to trading on Monday . The stock had previously closed at $25.79, but opened at $24.82. abrdn Physical Palladium Shares ETF shares last traded at $24.80, with a volume of 144,612 shares changing hands.

abrdn Physical Palladium Shares ETF Trading Down 4.3%

The firm has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $25.96.

Institutional Trading of abrdn Physical Palladium Shares ETF

A number of institutional investors have recently made changes to their positions in PALL. Tucker Asset Management LLC grew its position in abrdn Physical Palladium Shares ETF by 452.5% in the second quarter. Tucker Asset Management LLC now owns 9,288 shares of the exchange traded fund’s stock valued at $205,000 after purchasing an additional 7,607 shares in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of abrdn Physical Palladium Shares ETF by 384.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 22,625 shares of the exchange traded fund’s stock valued at $500,000 after acquiring an additional 17,950 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of abrdn Physical Palladium Shares ETF by 400.0% in the 2nd quarter. HB Wealth Management LLC now owns 10,475 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 8,380 shares in the last quarter. Copley Financial Group Inc. increased its position in shares of abrdn Physical Palladium Shares ETF by 165.8% in the second quarter. Copley Financial Group Inc. now owns 45,170 shares of the exchange traded fund’s stock valued at $997,000 after acquiring an additional 28,179 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its position in shares of abrdn Physical Palladium Shares ETF by 400.0% in the second quarter. Valeo Financial Advisors LLC now owns 12,750 shares of the exchange traded fund’s stock valued at $282,000 after acquiring an additional 10,200 shares during the last quarter. Institutional investors own 23.28% of the company’s stock.

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.