JPMorgan Chase & Co. Buys 12,966 Shares of abrdn Physical Palladium Shares ETF $PALL

JPMorgan Chase & Co. increased its stake in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) by 23.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 68,035 shares of the exchange traded fund’s stock after buying an additional 12,966 shares during the quarter. JPMorgan Chase & Co.’s holdings in abrdn Physical Palladium Shares ETF were worth $7,768,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Perigon Wealth Management LLC bought a new position in abrdn Physical Palladium Shares ETF in the 3rd quarter worth about $451,000. Cetera Investment Advisers increased its position in shares of abrdn Physical Palladium Shares ETF by 134.9% during the second quarter. Cetera Investment Advisers now owns 9,862 shares of the exchange traded fund’s stock valued at $992,000 after buying an additional 5,664 shares during the period. Gradient Investments LLC increased its position in shares of abrdn Physical Palladium Shares ETF by 92.4% during the third quarter. Gradient Investments LLC now owns 79,132 shares of the exchange traded fund’s stock valued at $9,034,000 after buying an additional 38,003 shares during the period. Bell Bank purchased a new stake in shares of abrdn Physical Palladium Shares ETF in the third quarter worth about $571,000. Finally, Fortis Group Advisors LLC purchased a new stake in shares of abrdn Physical Palladium Shares ETF in the third quarter worth about $3,047,000. 23.28% of the stock is currently owned by institutional investors.

abrdn Physical Palladium Shares ETF Stock Performance

PALL stock opened at $128.11 on Tuesday. The firm has a 50 day moving average of $153.30 and a 200-day moving average of $141.60. abrdn Physical Palladium Shares ETF has a 12 month low of $82.39 and a 12 month high of $197.41.

abrdn Physical Palladium Shares ETF Profile

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.