Global View Capital Management LLC Acquires New Shares in abrdn Physical Platinum Shares ETF $PPLT

Global View Capital Management LLC bought a new position in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,519 shares of the company’s stock, valued at approximately $1,029,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PPLT. Intrepid Family Office LLC purchased a new stake in abrdn Physical Platinum Shares ETF in the second quarter valued at $6,144,000. Raymond James Financial Inc. grew its holdings in shares of abrdn Physical Platinum Shares ETF by 188.5% during the 2nd quarter. Raymond James Financial Inc. now owns 63,278 shares of the company’s stock worth $7,775,000 after purchasing an additional 41,348 shares during the period. Trek Financial LLC acquired a new stake in shares of abrdn Physical Platinum Shares ETF during the 2nd quarter worth about $3,374,000. Accordant Advisory Group Inc acquired a new stake in shares of abrdn Physical Platinum Shares ETF during the 3rd quarter worth about $3,500,000. Finally, Pekin Hardy Strauss Inc. raised its holdings in abrdn Physical Platinum Shares ETF by 90.4% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 50,449 shares of the company’s stock valued at $7,208,000 after buying an additional 23,949 shares during the period. Hedge funds and other institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

NYSEARCA PPLT opened at $169.40 on Monday. The firm’s 50-day moving average is $198.64 and its two-hundred day moving average is $172.53. abrdn Physical Platinum Shares ETF has a 12 month low of $82.79 and a 12 month high of $261.62.

abrdn Physical Platinum Shares ETF 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.