Cibc World Market Inc. Makes New Investment in abrdn Physical Palladium Shares ETF $PALL

Cibc World Market Inc. purchased a new position in shares of abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) during the 3rd quarter, HoldingsChannel reports. The firm purchased 3,890 shares of the exchange traded fund’s stock, valued at approximately $444,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Truist Financial Corp bought a new stake in abrdn Physical Palladium Shares ETF in the third quarter worth $203,000. Farther Finance Advisors LLC acquired a new stake in shares of abrdn Physical Palladium Shares ETF in the third quarter worth about $205,000. AE Wealth Management LLC bought a new stake in shares of abrdn Physical Palladium Shares ETF during the 3rd quarter worth about $205,000. Jones Financial Companies Lllp increased its holdings in shares of abrdn Physical Palladium Shares ETF by 47.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,905 shares of the exchange traded fund’s stock valued at $221,000 after acquiring an additional 617 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of abrdn Physical Palladium Shares ETF by 1,429.9% in the 3rd quarter. Geneos Wealth Management Inc. now owns 2,555 shares of the exchange traded fund’s stock valued at $292,000 after acquiring an additional 2,388 shares in the last quarter. Institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Stock Performance

PALL opened at $156.64 on Thursday. The business has a 50 day moving average price of $159.58 and a 200 day moving average price of $133.10. abrdn Physical Palladium Shares ETF has a twelve month low of $82.39 and a twelve month high of $197.41.

About abrdn Physical Palladium Shares ETF

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.