Advance Capital Management Inc. cut its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR – Free Report) by 21.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 64,867 shares of the company’s stock after selling 17,781 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF makes up approximately 0.6% of Advance Capital Management Inc.’s portfolio, making the stock its 15th biggest holding. Advance Capital Management Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $13,337,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in abrdn Physical Precious Metals Basket Shares ETF during the 3rd quarter worth $32,000. GGM Financials LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth about $38,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at about $39,000. Financial Network Wealth Advisors LLC bought a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the third quarter worth about $52,000. Finally, Allworth Financial LP lifted its position in shares of abrdn Physical Precious Metals Basket Shares ETF by 176.4% during the second quarter. Allworth Financial LP now owns 409 shares of the company’s stock worth $57,000 after purchasing an additional 261 shares during the last quarter.
abrdn Physical Precious Metals Basket Shares ETF Trading Down 4.2%
NYSEARCA:GLTR opened at $214.64 on Friday. abrdn Physical Precious Metals Basket Shares ETF has a one year low of $119.45 and a one year high of $295.44. The stock has a 50-day simple moving average of $240.90 and a 200 day simple moving average of $200.71.
abrdn Physical Precious Metals Basket Shares ETF Company Profile
The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.
Further Reading
Want to see what other hedge funds are holding GLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR – Free Report).
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