abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $87.83 and traded as high as $98.10. abrdn Physical Palladium Shares ETF shares last traded at $97.08, with a volume of 273,598 shares changing hands.

abrdn Physical Palladium Shares ETF Stock Performance

The company’s 50 day moving average is $88.22 and its 200 day moving average is $87.83.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PALL. Trek Financial LLC raised its position in shares of abrdn Physical Palladium Shares ETF by 11.6% in the 4th quarter. Trek Financial LLC now owns 94,462 shares of the exchange traded fund’s stock valued at $7,889,000 after acquiring an additional 9,843 shares during the period. Jane Street Group LLC raised its position in shares of abrdn Physical Palladium Shares ETF by 332.7% in the 4th quarter. Jane Street Group LLC now owns 48,688 shares of the exchange traded fund’s stock valued at $4,066,000 after acquiring an additional 37,437 shares during the period. JPMorgan Chase & Co. raised its position in shares of abrdn Physical Palladium Shares ETF by 243.3% in the 4th quarter. JPMorgan Chase & Co. now owns 45,894 shares of the exchange traded fund’s stock valued at $3,833,000 after acquiring an additional 32,527 shares during the period. Evergreen Capital Management LLC raised its position in shares of abrdn Physical Palladium Shares ETF by 2.7% in the 4th quarter. Evergreen Capital Management LLC now owns 44,609 shares of the exchange traded fund’s stock valued at $3,726,000 after acquiring an additional 1,161 shares during the period. Finally, LPL Financial LLC raised its position in shares of abrdn Physical Palladium Shares ETF by 15.1% in the 1st quarter. LPL Financial LLC now owns 43,080 shares of the exchange traded fund’s stock valued at $3,901,000 after acquiring an additional 5,648 shares during the period.

About abrdn Physical Palladium Shares ETF

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust).