abrdn Physical Precious Metals Basket Shares ETF $GLTR Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. increased its position in abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) by 83.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,629 shares of the company’s stock after acquiring an additional 5,292 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in abrdn Physical Precious Metals Basket Shares ETF were worth $2,388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GLTR. Measured Wealth Private Client Group LLC purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at approximately $32,000. GGM Financials LLC purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at approximately $38,000. JPMorgan Chase & Co. purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at approximately $61,000. Advisory Services Network LLC purchased a new stake in abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter valued at approximately $63,000. Finally, Spire Wealth Management lifted its stake in abrdn Physical Precious Metals Basket Shares ETF by 382.8% in the 4th quarter. Spire Wealth Management now owns 618 shares of the company’s stock valued at $127,000 after buying an additional 490 shares in the last quarter.

abrdn Physical Precious Metals Basket Shares ETF Stock Down 1.3%

GLTR stock opened at $212.91 on Friday. abrdn Physical Precious Metals Basket Shares ETF has a 1 year low of $132.20 and a 1 year high of $295.44. The stock’s 50 day moving average price is $219.73 and its 200 day moving average price is $217.27.

About abrdn Physical Precious Metals Basket Shares ETF

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.