abrdn Physical Platinum Shares ETF $PPLT Shares Newly Bought by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC acquired a new stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) during the third quarter, HoldingsChannel reports. The firm acquired 102,329 shares of the company’s stock, valued at approximately $1,577,000.

Other institutional investors have also bought and sold shares of the company. StoneX Group Inc. bought a new position in abrdn Physical Platinum Shares ETF in the 3rd quarter valued at about $184,000. Kestra Advisory Services LLC boosted its holdings in shares of abrdn Physical Platinum Shares ETF by 23.1% in the third quarter. Kestra Advisory Services LLC now owns 31,232 shares of the company’s stock valued at $481,000 after acquiring an additional 5,862 shares in the last quarter. Team Financial Group LLC bought a new position in shares of abrdn Physical Platinum Shares ETF in the third quarter valued at approximately $27,000. Rakuten Investment Management Inc. bought a new position in shares of abrdn Physical Platinum Shares ETF in the third quarter valued at approximately $31,690,000. Finally, Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of abrdn Physical Platinum Shares ETF by 17.1% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 71,879 shares of the company’s stock valued at $1,111,000 after acquiring an additional 10,496 shares during the period. Institutional investors and hedge funds own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Trading Up 2.7%

NYSEARCA PPLT opened at $14.24 on Tuesday. abrdn Physical Platinum Shares ETF has a 12 month low of $12.80 and a 12 month high of $26.16. The company’s 50 day simple moving average is $15.16 and its 200 day simple moving average is $16.97.

abrdn Physical Platinum Shares ETF Company 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.