Summit Financial LLC Purchases New Position in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Summit Financial LLC acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,927 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 2.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,121 shares of the company’s stock valued at $591,000 after purchasing an additional 158 shares in the last quarter. PFG Investments LLC lifted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 9.1% during the 4th quarter. PFG Investments LLC now owns 4,354 shares of the company’s stock worth $362,000 after buying an additional 364 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 1,351.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 537 shares of the company’s stock worth $45,000 after buying an additional 500 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 150.6% in the 4th quarter. Avior Wealth Management LLC now owns 897 shares of the company’s stock worth $74,000 after buying an additional 539 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC increased its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 21.0% during the fourth quarter. Linden Thomas Advisory Services LLC now owns 3,725 shares of the company’s stock valued at $309,000 after acquiring an additional 646 shares during the last quarter.

Aberdeen Standard Physical Platinum Shares ETF Trading Down 3.1 %

Shares of Aberdeen Standard Physical Platinum Shares ETF stock opened at $83.90 on Friday. The business’s fifty day simple moving average is $89.13 and its 200 day simple moving average is $88.52. Aberdeen Standard Physical Platinum Shares ETF has a 12 month low of $82.35 and a 12 month high of $100.00.

Aberdeen Standard 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.