abrdn Physical Platinum Shares ETF $PPLT Shares Sold by Carrera Capital Advisors

Carrera Capital Advisors trimmed its stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 66.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,060 shares of the company’s stock after selling 20,257 shares during the quarter. Carrera Capital Advisors owned approximately 0.07% of abrdn Physical Platinum Shares ETF worth $1,437,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of PPLT. CENTRAL TRUST Co raised its stake in shares of abrdn Physical Platinum Shares ETF by 24.3% in the 2nd quarter. CENTRAL TRUST Co now owns 318,113 shares of the company’s stock valued at $39,087,000 after purchasing an additional 62,198 shares in the last quarter. Money Design Co. Ltd. raised its stake in abrdn Physical Platinum Shares ETF by 47.7% during the second quarter. Money Design Co. Ltd. now owns 91,600 shares of the company’s stock valued at $11,255,000 after buying an additional 29,579 shares in the last quarter. DAVENPORT & Co LLC raised its stake in abrdn Physical Platinum Shares ETF by 2,768.2% during the second quarter. DAVENPORT & Co LLC now owns 86,046 shares of the company’s stock valued at $10,572,000 after buying an additional 83,046 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in abrdn Physical Platinum Shares ETF by 188.5% during the 2nd quarter. Raymond James Financial Inc. now owns 63,278 shares of the company’s stock worth $7,775,000 after buying an additional 41,348 shares during the last quarter. Finally, Intrepid Family Office LLC acquired a new position in shares of abrdn Physical Platinum Shares ETF in the 2nd quarter worth approximately $6,144,000. Institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Price Performance

PPLT stock opened at $195.04 on Friday. The stock’s 50 day simple moving average is $190.49 and its 200 day simple moving average is $153.78. abrdn Physical Platinum Shares ETF has a 12-month low of $82.79 and a 12-month high of $261.62.

abrdn Physical Platinum Shares ETF 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.