Pictet Asset Management Holding SA Sells 45,290 Shares of abrdn Physical Precious Metals Basket Shares ETF $GLTR

Pictet Asset Management Holding SA cut its stake in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 66.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,820 shares of the company’s stock after selling 45,290 shares during the period. Pictet Asset Management Holding SA’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $4,991,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada grew its position in abrdn Physical Precious Metals Basket Shares ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 24,723 shares of the company’s stock worth $3,201,000 after acquiring an additional 763 shares during the last quarter. Baird Financial Group Inc. raised its position in abrdn Physical Precious Metals Basket Shares ETF by 19.6% in the second quarter. Baird Financial Group Inc. now owns 3,517 shares of the company’s stock valued at $486,000 after purchasing an additional 576 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 21.4% during the second quarter. NewEdge Advisors LLC now owns 8,388 shares of the company’s stock valued at $1,159,000 after purchasing an additional 1,477 shares in the last quarter. Peapack Gladstone Financial Corp boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 88.8% during the second quarter. Peapack Gladstone Financial Corp now owns 3,190 shares of the company’s stock valued at $440,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 1.1% during the second quarter. Raymond James Financial Inc. now owns 33,743 shares of the company’s stock valued at $4,662,000 after purchasing an additional 358 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Performance

NYSEARCA:GLTR opened at $186.27 on Friday. The stock’s 50-day moving average is $205.98 and its 200-day moving average is $220.60. abrdn Physical Precious Metals Basket Shares ETF has a 1-year low of $137.98 and a 1-year high of $295.44.

abrdn Physical Precious Metals Basket Shares ETF Company Profile

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.