abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 47,508 shares, a growth of 237.3% from the July 15th total of 14,084 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 82,450 shares, the short-interest ratio is currently 0.6 days.
Institutional Investors Weigh In On abrdn Physical Precious Metals Basket Shares ETF
Several institutional investors have recently bought and sold shares of the stock. Asset Dedication LLC raised its position in abrdn Physical Precious Metals Basket Shares ETF by 175.6% in the 1st quarter. Asset Dedication LLC now owns 113 shares of the company’s stock valued at $25,000 after buying an additional 72 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 3rd quarter worth $32,000. Seneschal Advisors LLC bought a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the 4th quarter worth $40,000. Bogart Wealth LLC purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the first quarter valued at about $45,000. Finally, Longview Financial Advisors Inc. purchased a new stake in shares of abrdn Physical Precious Metals Basket Shares ETF in the first quarter valued at about $50,000.
abrdn Physical Precious Metals Basket Shares ETF Price Performance
Shares of GLTR opened at $197.79 on Friday. abrdn Physical Precious Metals Basket Shares ETF has a 52 week low of $139.31 and a 52 week high of $295.44. The stock has a 50 day moving average price of $187.63 and a two-hundred day moving average price of $213.39.
abrdn Physical Precious Metals Basket Shares ETF Company Profile
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.
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