abrdn Physical Platinum Shares ETF $PPLT Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC reduced its position in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 8.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,480 shares of the company’s stock after selling 3,000 shares during the period. SG Americas Securities LLC’s holdings in abrdn Physical Platinum Shares ETF were worth $4,498,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. West Oak Capital LLC purchased a new stake in shares of abrdn Physical Platinum Shares ETF during the second quarter worth about $33,000. Allworth Financial LP increased its holdings in abrdn Physical Platinum Shares ETF by 137.6% during the 2nd quarter. Allworth Financial LP now owns 297 shares of the company’s stock worth $36,000 after purchasing an additional 172 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in abrdn Physical Platinum Shares ETF by 2,060.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after purchasing an additional 412 shares during the last quarter. MAI Capital Management raised its position in shares of abrdn Physical Platinum Shares ETF by 252.9% in the 2nd quarter. MAI Capital Management now owns 367 shares of the company’s stock valued at $45,000 after purchasing an additional 263 shares in the last quarter. Finally, Private Trust Co. NA purchased a new position in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter valued at approximately $68,000. 20.03% of the stock is currently owned by institutional investors and hedge funds.

abrdn Physical Platinum Shares ETF Price Performance

PPLT stock opened at $206.80 on Monday. The firm has a 50 day simple moving average of $165.15 and a 200-day simple moving average of $143.34. abrdn Physical Platinum Shares ETF has a twelve month low of $82.79 and a twelve month high of $225.71.

abrdn Physical Platinum Shares ETF Company 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.