abrdn Physical Platinum Shares ETF $PPLT Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC increased its holdings in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 286.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 235,390 shares of the company’s stock after purchasing an additional 174,411 shares during the quarter. Proficio Capital Partners LLC owned 0.19% of abrdn Physical Platinum Shares ETF worth $3,326,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its position in shares of abrdn Physical Platinum Shares ETF by 5,730.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 346,804 shares of the company’s stock worth $64,655,000 after buying an additional 340,856 shares during the period. Corient Private Wealth LLC raised its holdings in shares of abrdn Physical Platinum Shares ETF by 12,472.1% during the 4th quarter. Corient Private Wealth LLC now owns 187,073 shares of the company’s stock valued at $34,876,000 after buying an additional 185,585 shares during the period. BNP Paribas Financial Markets lifted its position in abrdn Physical Platinum Shares ETF by 135.3% during the 4th quarter. BNP Paribas Financial Markets now owns 174,974 shares of the company’s stock worth $32,620,000 after acquiring an additional 100,602 shares in the last quarter. Morgan Stanley boosted its holdings in abrdn Physical Platinum Shares ETF by 29.3% in the 4th quarter. Morgan Stanley now owns 326,667 shares of the company’s stock worth $60,901,000 after acquiring an additional 74,090 shares during the period. Finally, Confluence Investment Management LLC boosted its holdings in abrdn Physical Platinum Shares ETF by 1,284.3% in the 2nd quarter. Confluence Investment Management LLC now owns 75,305 shares of the company’s stock worth $1,064,000 after acquiring an additional 69,865 shares during the period. Hedge funds and other institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Stock Down 1.5%

Shares of NYSEARCA:PPLT opened at $16.25 on Tuesday. The company has a 50 day moving average of $15.27 and a two-hundred day moving average of $17.14. abrdn Physical Platinum Shares ETF has a 52-week low of $12.28 and a 52-week high of $26.16.

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.