Pettinga Financial Advisors LLC Purchases 45,670 Shares of abrdn Physical Platinum Shares ETF $PPLT

Pettinga Financial Advisors LLC increased its position in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 881.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,850 shares of the company’s stock after buying an additional 45,670 shares during the period. Pettinga Financial Advisors LLC’s holdings in abrdn Physical Platinum Shares ETF were worth $719,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC grew its holdings in abrdn Physical Platinum Shares ETF by 5.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 1,718 shares of the company’s stock worth $320,000 after acquiring an additional 84 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of abrdn Physical Platinum Shares ETF by 5.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 1,852 shares of the company’s stock valued at $330,000 after purchasing an additional 100 shares in the last quarter. Waverly Advisors LLC lifted its position in shares of abrdn Physical Platinum Shares ETF by 7.8% in the 1st quarter. Waverly Advisors LLC now owns 1,488 shares of the company’s stock worth $265,000 after purchasing an additional 108 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of abrdn Physical Platinum Shares ETF by 316.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 150 shares of the company’s stock worth $28,000 after purchasing an additional 114 shares during the period. Finally, HHM Wealth Advisors LLC bought a new position in shares of abrdn Physical Platinum Shares ETF during the fourth quarter valued at approximately $25,000. 20.03% of the stock is currently owned by institutional investors.

abrdn Physical Platinum Shares ETF Price Performance

Shares of PPLT stock opened at $15.85 on Monday. The company’s 50 day moving average is $15.19 and its 200 day moving average is $17.74. abrdn Physical Platinum Shares ETF has a 52-week low of $11.86 and a 52-week high of $26.16.

abrdn Physical Platinum Shares ETF Profile

The abrdn Physical Platinum Shares ETF (PPLT) 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, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.