International Assets Investment Management LLC Increases Position in Sprott Physical Platinum & Palladium Tr $SPPP

International Assets Investment Management LLC grew its position in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) by 93.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,518 shares of the company’s stock after purchasing an additional 67,426 shares during the quarter. International Assets Investment Management LLC’s holdings in Sprott Physical Platinum & Palladium Tr were worth $2,176,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers lifted its position in shares of Sprott Physical Platinum & Palladium Tr by 5.3% during the 2nd quarter. Cetera Investment Advisers now owns 18,549 shares of the company’s stock worth $218,000 after purchasing an additional 940 shares during the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Sprott Physical Platinum & Palladium Tr by 7.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 15,171 shares of the company’s stock valued at $255,000 after buying an additional 989 shares during the last quarter. AdvisorNet Financial Inc increased its holdings in Sprott Physical Platinum & Palladium Tr by 123.8% in the first quarter. AdvisorNet Financial Inc now owns 4,835 shares of the company’s stock valued at $75,000 after buying an additional 2,675 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the fourth quarter valued at $45,000. Finally, Advisory Services Network LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the third quarter valued at $38,000.

Sprott Physical Platinum & Palladium Tr Price Performance

Shares of NYSEARCA SPPP opened at $13.07 on Monday. The business has a 50-day moving average of $14.22 and a two-hundred day moving average of $16.25. Sprott Physical Platinum & Palladium Tr has a 1 year low of $11.57 and a 1 year high of $23.81.

Sprott Physical Platinum & Palladium Tr Profile

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.