abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Short Interest Update

abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 81,150 shares, a decline of 39.3% from the December 15th total of 133,613 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,025 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 157,025 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are short sold.

abrdn Physical Precious Metals Basket Shares ETF Price Performance

abrdn Physical Precious Metals Basket Shares ETF stock traded down $3.74 during trading hours on Friday, hitting $233.44. 163,784 shares of the stock were exchanged, compared to its average volume of 180,712. The business’s 50-day moving average is $199.17 and its two-hundred day moving average is $170.03. abrdn Physical Precious Metals Basket Shares ETF has a 12 month low of $113.56 and a 12 month high of $240.12.

Hedge Funds Weigh In On abrdn Physical Precious Metals Basket Shares ETF

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in abrdn Physical Precious Metals Basket Shares ETF by 8.2% in the third quarter. Bank of America Corp DE now owns 379,067 shares of the company’s stock worth $62,717,000 after purchasing an additional 28,819 shares in the last quarter. Focus Partners Wealth raised its holdings in shares of abrdn Physical Precious Metals Basket Shares ETF by 19.4% in the third quarter. Focus Partners Wealth now owns 206,430 shares of the company’s stock valued at $34,154,000 after buying an additional 33,587 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in abrdn Physical Precious Metals Basket Shares ETF by 1.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 202,440 shares of the company’s stock worth $45,253,000 after buying an additional 3,465 shares in the last quarter. Summit Wealth & Retirement Planning Inc. raised its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 1.9% in the second quarter. Summit Wealth & Retirement Planning Inc. now owns 151,650 shares of the company’s stock worth $20,950,000 after acquiring an additional 2,896 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its stake in shares of abrdn Physical Precious Metals Basket Shares ETF by 77.4% during the second quarter. Wealthfront Advisers LLC now owns 138,061 shares of the company’s stock valued at $19,073,000 after purchasing an additional 60,238 shares during the last quarter.

About abrdn Physical Precious Metals Basket Shares ETF

The abrdn Physical Precious Metals Basket Shares ETF (GLTR) is an exchange-traded fund that mostly invests in broad market commodities. The fund tracks the spot prices of a basket of gold, silver, platinum and palladium, less trust expenses. GLTR was launched on Oct 22, 2010 and is managed by Abrdn.