abrdn Physical Platinum Shares ETF $PPLT Stake Lifted by CENTRAL TRUST Co

CENTRAL TRUST Co increased its holdings in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 10.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,406,003 shares of the company’s stock after acquiring an additional 405,214 shares during the quarter. abrdn Physical Platinum Shares ETF makes up 1.2% of CENTRAL TRUST Co’s portfolio, making the stock its 21st biggest position. CENTRAL TRUST Co owned 3.44% of abrdn Physical Platinum Shares ETF worth $67,897,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rakuten Investment Management Inc. acquired a new stake in abrdn Physical Platinum Shares ETF during the 3rd quarter valued at approximately $31,690,000. WIT Partners Advisory Pte. Ltd. raised its position in shares of abrdn Physical Platinum Shares ETF by 2,314.0% in the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 554,491 shares of the company’s stock valued at $7,835,000 after purchasing an additional 531,521 shares in the last quarter. Proficio Capital Partners LLC raised its position in shares of abrdn Physical Platinum Shares ETF by 286.0% in the 2nd quarter. Proficio Capital Partners LLC now owns 235,390 shares of the company’s stock valued at $3,326,000 after purchasing an additional 174,411 shares in the last quarter. Hohimer Wealth Management LLC acquired a new position in shares of abrdn Physical Platinum Shares ETF in the 3rd quarter valued at approximately $1,577,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter valued at approximately $1,541,000. Hedge funds and other institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Trading Down 0.3%

abrdn Physical Platinum Shares ETF stock opened at $13.90 on Thursday. abrdn Physical Platinum Shares ETF has a 52 week low of $12.80 and a 52 week high of $26.16. The stock has a 50 day moving average of $15.07 and a 200-day moving average of $16.87.

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.