IMC Chicago LLC Invests $3.58 Million in abrdn Physical Palladium Shares ETF $PALL

IMC Chicago LLC bought a new stake in shares of abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 31,348 shares of the exchange traded fund’s stock, valued at approximately $3,579,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its holdings in shares of abrdn Physical Palladium Shares ETF by 47.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,905 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 617 shares during the period. AE Wealth Management LLC acquired a new stake in abrdn Physical Palladium Shares ETF during the third quarter worth about $205,000. Truist Financial Corp bought a new position in abrdn Physical Palladium Shares ETF during the third quarter valued at about $203,000. Benjamin Edwards Inc. raised its holdings in abrdn Physical Palladium Shares ETF by 5.1% in the 3rd quarter. Benjamin Edwards Inc. now owns 3,069 shares of the exchange traded fund’s stock valued at $350,000 after acquiring an additional 149 shares in the last quarter. Finally, WMG Financial Advisors LLC acquired a new position in abrdn Physical Palladium Shares ETF in the 3rd quarter valued at approximately $311,000. 23.28% of the stock is owned by institutional investors.

abrdn Physical Palladium Shares ETF Price Performance

Shares of NYSEARCA:PALL opened at $150.06 on Friday. abrdn Physical Palladium Shares ETF has a 1-year low of $82.39 and a 1-year high of $197.41. The business’s 50 day moving average is $155.86 and its 200-day moving average is $130.37.

abrdn Physical Palladium Shares ETF Company Profile

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). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.