abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $135.16 and traded as high as $162.43. abrdn Physical Palladium Shares ETF shares last traded at $162.43, with a volume of 257,741 shares.

abrdn Physical Palladium Shares ETF Trading Down 0.0%

The firm’s fifty day moving average price is $161.45 and its two-hundred day moving average price is $135.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Noble Wealth Management PBC bought a new stake in shares of abrdn Physical Palladium Shares ETF during the fourth quarter valued at approximately $29,000. PNC Financial Services Group Inc. grew its position in abrdn Physical Palladium Shares ETF by 2,437.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 203 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 195 shares during the period. Spire Wealth Management bought a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter valued at $31,000. Quaker Wealth Management LLC acquired a new position in abrdn Physical Palladium Shares ETF during the fourth quarter worth $35,000. Finally, Harbour Investments Inc. lifted its stake in shares of abrdn Physical Palladium Shares ETF by 238.0% in the fourth quarter. Harbour Investments Inc. now owns 240 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 169 shares in the last quarter. Institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Company Profile

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.