abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Stock Short Interest Declines 76.5%

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 19,058 shares, a decline of 76.5% from the August 31st total of 81,248 shares. Based on an average trading volume of 50,557 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

abrdn Physical Precious Metals Basket Shares ETF Trading Down 4.2%

Shares of NYSEARCA GLTR traded down $8.15 during trading on Monday, reaching $186.47. The company had a trading volume of 96,400 shares, compared to its average volume of 100,965. abrdn Physical Precious Metals Basket Shares ETF has a 12-month low of $163.37 and a 12-month high of $295.44. The business’s 50-day moving average is $195.24 and its 200 day moving average is $204.06.

Institutional Trading of abrdn Physical Precious Metals Basket Shares ETF

Hedge funds have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its holdings in abrdn Physical Precious Metals Basket Shares ETF by 29.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 14,498 shares of the company’s stock valued at $2,625,000 after buying an additional 3,308 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in abrdn Physical Precious Metals Basket Shares ETF by 6.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 12,019 shares of the company’s stock worth $2,177,000 after purchasing an additional 710 shares during the period. RFG Advisory LLC lifted its position in abrdn Physical Precious Metals Basket Shares ETF by 37.1% during the second quarter. RFG Advisory LLC now owns 25,688 shares of the company’s stock valued at $4,653,000 after purchasing an additional 6,946 shares in the last quarter. NewEdge Advisors LLC grew its holdings in abrdn Physical Precious Metals Basket Shares ETF by 41.1% during the second quarter. NewEdge Advisors LLC now owns 14,924 shares of the company’s stock valued at $2,703,000 after purchasing an additional 4,346 shares during the period. Finally, IFP Advisors Inc increased its position in abrdn Physical Precious Metals Basket Shares ETF by 5.8% in the second quarter. IFP Advisors Inc now owns 9,823 shares of the company’s stock worth $1,779,000 after buying an additional 538 shares in 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.