Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Sees Unusually-High Trading Volume

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) shares saw unusually-high trading volume on Wednesday . Approximately 58,012 shares traded hands during mid-day trading, a decline of 58% from the previous session’s volume of 137,977 shares.The stock last traded at $87.94 and had previously closed at $88.29.

Aberdeen Standard Physical Platinum Shares ETF Price Performance

The stock has a 50-day moving average of $84.25 and a two-hundred day moving average of $84.38.

Hedge Funds Weigh In On Aberdeen Standard Physical Platinum Shares ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 253.6% in the 4th quarter. Virtu Financial LLC now owns 44,468 shares of the company’s stock valued at $4,054,000 after purchasing an additional 31,893 shares during the period. Cantor Fitzgerald L. P. boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 18.1% in the 4th quarter. Cantor Fitzgerald L. P. now owns 6,526 shares of the company’s stock valued at $595,000 after purchasing an additional 1,000 shares during the period. Caxton Associates LP acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF in the 4th quarter valued at $5,155,000. Woodward Diversified Capital LLC acquired a new stake in Aberdeen Standard Physical Platinum Shares ETF during the 4th quarter worth about $469,000. Finally, Scotia Capital Inc. boosted its position in Aberdeen Standard Physical Platinum Shares ETF by 6.8% during the 4th quarter. Scotia Capital Inc. now owns 4,466 shares of the company’s stock worth $407,000 after acquiring an additional 283 shares during the period.

About Aberdeen Standard 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.