Wealth Watch Advisors INC Acquires 46,652 Shares of GraniteShares Platinum Trust $PLTM

Wealth Watch Advisors INC grew its holdings in shares of GraniteShares Platinum Trust (NYSEARCA:PLTM) by 19.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 286,244 shares of the company’s stock after purchasing an additional 46,652 shares during the period. GraniteShares Platinum Trust makes up approximately 2.3% of Wealth Watch Advisors INC’s holdings, making the stock its 11th largest position. Wealth Watch Advisors INC owned approximately 2.06% of GraniteShares Platinum Trust worth $5,413,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in PLTM. LPL Financial LLC increased its position in GraniteShares Platinum Trust by 35.1% during the 4th quarter. LPL Financial LLC now owns 397,727 shares of the company’s stock valued at $7,847,000 after buying an additional 103,304 shares in the last quarter. Southeast Asset Advisors LLC bought a new stake in GraniteShares Platinum Trust in the fourth quarter worth $7,076,000. Sigma Planning Corp boosted its holdings in GraniteShares Platinum Trust by 92.0% in the fourth quarter. Sigma Planning Corp now owns 205,485 shares of the company’s stock worth $4,054,000 after acquiring an additional 98,457 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of GraniteShares Platinum Trust by 41.8% in the second quarter. Raymond James Financial Inc. now owns 201,496 shares of the company’s stock worth $2,619,000 after acquiring an additional 59,392 shares during the last quarter. Finally, PCG Wealth Advisors LLC purchased a new stake in shares of GraniteShares Platinum Trust in the third quarter worth $2,580,000.

GraniteShares Platinum Trust Stock Performance

Shares of NYSEARCA:PLTM opened at $15.29 on Monday. The business has a fifty day moving average price of $16.60 and a 200-day moving average price of $19.20. GraniteShares Platinum Trust has a 1-year low of $12.41 and a 1-year high of $27.69.

GraniteShares Platinum Trust Profile

The GraniteShares Platinum Trust (PLTM) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses and liabilities, using physically held platinum. PLTM was launched on Jan 22, 2018 and is managed by GraniteShares.