abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Shares Gap Down – Here’s Why

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $222.35, but opened at $210.70. abrdn Physical Precious Metals Basket Shares ETF shares last traded at $207.9340, with a volume of 247,755 shares.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

The company’s 50-day moving average price is $184.89 and its 200-day moving average price is $161.89.

Institutional Investors Weigh In On abrdn Physical Precious Metals Basket Shares ETF

Several large investors have recently bought and sold shares of GLTR. Prospera Financial Services Inc raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 2.9% during the third quarter. Prospera Financial Services Inc now owns 3,167 shares of the company’s stock valued at $524,000 after acquiring an additional 89 shares during the last quarter. Private Advisor Group LLC raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 2.8% in the 3rd quarter. Private Advisor Group LLC now owns 3,321 shares of the company’s stock valued at $549,000 after purchasing an additional 92 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its stake in abrdn Physical Precious Metals Basket Shares ETF by 6.2% in the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 1,927 shares of the company’s stock valued at $266,000 after purchasing an additional 112 shares during the last quarter. PFG Advisors lifted its holdings in abrdn Physical Precious Metals Basket Shares ETF by 4.0% in the 3rd quarter. PFG Advisors now owns 2,920 shares of the company’s stock valued at $483,000 after purchasing an additional 113 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 100.0% during the 2nd quarter. IFP Advisors Inc now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 123 shares during the last quarter.

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.