abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Stock Price Pass Above Two Hundred Day Moving Average – What’s Next?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALLGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $140.05 and traded as high as $148.10. abrdn Physical Palladium Shares ETF shares last traded at $145.85, with a volume of 93,717 shares changing hands.

abrdn Physical Palladium Shares ETF Stock Down 0.2%

The firm’s 50-day simple moving average is $159.87 and its 200 day simple moving average is $140.05.

Hedge Funds Weigh In On abrdn Physical Palladium Shares ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PALL. Noble Wealth Management PBC bought a new position in abrdn Physical Palladium Shares ETF in the 4th quarter worth approximately $29,000. PNC Financial Services Group Inc. raised its stake in abrdn Physical Palladium Shares ETF by 2,437.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 203 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 195 shares in the last quarter. Spire Wealth Management bought a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter valued at $31,000. Quaker Wealth Management LLC acquired a new position in abrdn Physical Palladium Shares ETF during the 4th quarter worth $35,000. Finally, Harbour Investments Inc. boosted its position in abrdn Physical Palladium Shares ETF by 238.0% during the 4th quarter. Harbour Investments Inc. now owns 240 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 169 shares during the period. 23.28% of the stock is owned by institutional investors.

abrdn Physical Palladium Shares ETF Company Profile

(Get Free Report)

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.

Further Reading

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