Trek Financial LLC Takes $4.09 Million Position in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Trek Financial LLC bought a new position in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 49,298 shares of the company’s stock, valued at approximately $4,094,000. Trek Financial LLC owned approximately 0.43% of Aberdeen Standard Physical Platinum Shares ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Hollencrest Capital Management increased its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 6.4% in the fourth quarter. Hollencrest Capital Management now owns 231,405 shares of the company’s stock worth $19,218,000 after acquiring an additional 14,000 shares in the last quarter. CENTRAL TRUST Co acquired a new stake in Aberdeen Standard Physical Platinum Shares ETF in the 4th quarter valued at $15,374,000. SG Americas Securities LLC raised its position in Aberdeen Standard Physical Platinum Shares ETF by 112.1% in the fourth quarter. SG Americas Securities LLC now owns 115,715 shares of the company’s stock valued at $9,610,000 after purchasing an additional 61,159 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 111.4% during the fourth quarter. JPMorgan Chase & Co. now owns 102,128 shares of the company’s stock worth $8,482,000 after purchasing an additional 53,824 shares in the last quarter. Finally, Prospector Partners LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 0.5% in the fourth quarter. Prospector Partners LLC now owns 94,390 shares of the company’s stock worth $7,839,000 after buying an additional 457 shares during the period.

Aberdeen Standard Physical Platinum Shares ETF Price Performance

Aberdeen Standard Physical Platinum Shares ETF stock opened at $83.90 on Friday. Aberdeen Standard Physical Platinum Shares ETF has a one year low of $82.35 and a one year high of $100.00. The stock’s 50 day moving average price is $89.13 and its 200 day moving average price is $88.50.

About Aberdeen Standard Physical Platinum Shares ETF

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.