Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Shares Gap Up to $82.88

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLTGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $82.88, but opened at $85.04. Aberdeen Standard Physical Platinum Shares ETF shares last traded at $84.86, with a volume of 35,466 shares.

Aberdeen Standard Physical Platinum Shares ETF Stock Up 1.6 %

The company has a fifty day moving average price of $83.21 and a 200 day moving average price of $84.11.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PPLT. JPMorgan Chase & Co. increased its holdings in Aberdeen Standard Physical Platinum Shares ETF by 9.2% during the 1st quarter. JPMorgan Chase & Co. now owns 7,632 shares of the company’s stock valued at $700,000 after purchasing an additional 641 shares during the period. Raymond James & Associates increased its holdings in Aberdeen Standard Physical Platinum Shares ETF by 9.1% during the 1st quarter. Raymond James & Associates now owns 22,876 shares of the company’s stock valued at $2,099,000 after purchasing an additional 1,907 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter valued at about $326,000. Renaissance Technologies LLC purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter valued at about $1,092,000. Finally, Fort Point Capital Partners LLC purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the 1st quarter valued at about $413,000.

Aberdeen Standard Physical Platinum Shares ETF Company Profile

(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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