Stock Traders Purchase High Volume of abrdn Physical Palladium Shares ETF Call Options (NYSEARCA:PALL)

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) saw some unusual options trading on Monday. Investors purchased 2,897 call options on the company. This is an increase of 172% compared to the typical daily volume of 1,064 call options.

Hedge Funds Weigh In On abrdn Physical Palladium Shares ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. National Bank of Canada FI raised its holdings in abrdn Physical Palladium Shares ETF by 1.3% during the third quarter. National Bank of Canada FI now owns 6,815 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 85 shares during the last quarter. Perigon Wealth Management LLC increased its position in shares of abrdn Physical Palladium Shares ETF by 3.0% during the fourth quarter. Perigon Wealth Management LLC now owns 4,071 shares of the exchange traded fund’s stock worth $592,000 after acquiring an additional 120 shares in the last quarter. Harbour Investments Inc. raised its holdings in shares of abrdn Physical Palladium Shares ETF by 238.0% in the 4th quarter. Harbour Investments Inc. now owns 240 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 169 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of abrdn Physical Palladium Shares ETF by 2,437.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 203 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 195 shares during the last quarter. Finally, Noble Wealth Management PBC bought a new position in abrdn Physical Palladium Shares ETF in the 4th quarter valued at about $29,000. 23.28% of the stock is currently owned by institutional investors.

abrdn Physical Palladium Shares ETF Stock Performance

Shares of abrdn Physical Palladium Shares ETF stock opened at $23.70 on Wednesday. abrdn Physical Palladium Shares ETF has a one year low of $19.70 and a one year high of $39.48. The stock’s 50-day moving average is $24.02 and its 200 day moving average is $28.07.

About abrdn Physical Palladium Shares ETF

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.