Renaissance Technologies LLC Invests $3.40 Million in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Renaissance Technologies LLC bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 40,873 shares of the company’s stock, valued at approximately $3,395,000.

Several other hedge funds have also bought and sold shares of the stock. Rathbones Group PLC raised its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 65.2% in the fourth quarter. Rathbones Group PLC now owns 15,200 shares of the company’s stock worth $1,262,000 after buying an additional 6,000 shares during the period. Trek Financial LLC bought a new stake in Aberdeen Standard Physical Platinum Shares ETF during the 4th quarter worth approximately $4,094,000. Prospector Partners LLC lifted its holdings in Aberdeen Standard Physical Platinum Shares ETF by 0.5% during the fourth quarter. Prospector Partners LLC now owns 94,390 shares of the company’s stock valued at $7,839,000 after purchasing an additional 457 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 6.6% in the fourth quarter. Wells Fargo & Company MN now owns 28,743 shares of the company’s stock worth $2,387,000 after purchasing an additional 1,785 shares during the period. Finally, Summit Financial LLC purchased a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the fourth quarter worth $243,000.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

Shares of PPLT stock opened at $87.61 on Wednesday. The company’s fifty day moving average price is $88.36 and its 200-day moving average price is $88.11. Aberdeen Standard Physical Platinum Shares ETF has a one year low of $82.35 and a one year high of $100.00.

Aberdeen Standard Physical Platinum Shares ETF Profile

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.