Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Shares Gap Up to $90.73

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) shares gapped up before the market opened on Friday . The stock had previously closed at $90.73, but opened at $92.81. Aberdeen Standard Physical Platinum Shares ETF shares last traded at $92.73, with a volume of 21,055 shares trading hands.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

The company’s 50 day simple moving average is $90.92 and its 200-day simple moving average is $87.13.

Hedge Funds Weigh In On Aberdeen Standard Physical Platinum Shares ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PPLT. Scotia Capital Inc. lifted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 3.9% in the 3rd quarter. Scotia Capital Inc. now owns 4,183 shares of the company’s stock worth $350,000 after purchasing an additional 157 shares during the period. Vanguard Capital Wealth Advisors lifted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 4.7% in the 4th quarter. Vanguard Capital Wealth Advisors now owns 4,501 shares of the company’s stock worth $410,000 after purchasing an additional 200 shares during the period. Activest Wealth Management bought a new position in shares of Aberdeen Standard Physical Platinum Shares ETF in the 1st quarter worth approximately $26,000. SG Americas Securities LLC lifted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 0.8% in the 4th quarter. SG Americas Securities LLC now owns 59,555 shares of the company’s stock worth $5,429,000 after purchasing an additional 500 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 3.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 15,922 shares of the company’s stock worth $1,451,000 after purchasing an additional 500 shares during the period.

About Aberdeen Standard Physical Platinum Shares ETF

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.