Advance Capital Management Inc. Cuts Position in abrdn Physical Precious Metals Basket Shares ETF $GLTR

Advance Capital Management Inc. lessened its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 10.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,375 shares of the company’s stock after selling 6,492 shares during the quarter. abrdn Physical Precious Metals Basket Shares ETF accounts for approximately 0.5% of Advance Capital Management Inc.’s portfolio, making the stock its 16th largest holding. Advance Capital Management Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $12,768,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in abrdn Physical Precious Metals Basket Shares ETF during the third quarter worth about $32,000. Seneschal Advisors LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the 4th quarter valued at about $40,000. Bogart Wealth LLC purchased a new position in shares of abrdn Physical Precious Metals Basket Shares ETF during the 1st quarter valued at about $45,000. Longview Financial Advisors Inc. bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 1st quarter worth approximately $50,000. Finally, JPMorgan Chase & Co. bought a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth approximately $61,000.

abrdn Physical Precious Metals Basket Shares ETF Stock Up 1.3%

Shares of GLTR opened at $188.68 on Tuesday. abrdn Physical Precious Metals Basket Shares ETF has a 1 year low of $137.98 and a 1 year high of $295.44. The stock has a 50 day simple moving average of $205.36 and a two-hundred day simple moving average of $220.70.

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.