Wakefield Asset Management LLLP Makes New Investment in Sprott Physical Platinum & Palladium Tr $SPPP

Wakefield Asset Management LLLP purchased a new position in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 64,476 shares of the company’s stock, valued at approximately $1,086,000. Wakefield Asset Management LLLP owned about 0.15% of Sprott Physical Platinum & Palladium Tr at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cetera Investment Advisers grew its position in Sprott Physical Platinum & Palladium Tr by 5.3% in the 2nd quarter. Cetera Investment Advisers now owns 18,549 shares of the company’s stock worth $218,000 after purchasing an additional 940 shares during the last quarter. HC Advisors LLC grew its position in Sprott Physical Platinum & Palladium Tr by 2.5% in the 3rd quarter. HC Advisors LLC now owns 39,648 shares of the company’s stock worth $538,000 after purchasing an additional 951 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in Sprott Physical Platinum & Palladium Tr by 7.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 15,171 shares of the company’s stock worth $255,000 after purchasing an additional 989 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the 3rd quarter worth $38,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Sprott Physical Platinum & Palladium Tr by 53.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,973 shares of the company’s stock worth $269,000 after purchasing an additional 5,542 shares during the last quarter.

Sprott Physical Platinum & Palladium Tr Trading Down 3.4%

Shares of Sprott Physical Platinum & Palladium Tr stock opened at $15.40 on Friday. The firm’s 50-day simple moving average is $15.96 and its 200-day simple moving average is $16.43. Sprott Physical Platinum & Palladium Tr has a twelve month low of $9.56 and a twelve month high of $23.81.

About Sprott Physical Platinum & Palladium Tr

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.