abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Share Price Pass Above 200 Day Moving Average – Time to Sell?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $135.16 and traded as high as $162.43. abrdn Physical Palladium Shares ETF shares last traded at $162.43, with a volume of 257,741 shares traded.

abrdn Physical Palladium Shares ETF Price Performance

The stock has a 50-day moving average price of $161.58 and a 200-day moving average price of $135.56.

Hedge Funds Weigh In On abrdn Physical Palladium Shares ETF

Several large investors have recently modified their holdings of the stock. Noble Wealth Management PBC acquired a new position in abrdn Physical Palladium Shares ETF in the 4th quarter valued at about $29,000. PNC Financial Services Group Inc. increased its stake in shares of abrdn Physical Palladium Shares ETF by 2,437.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 203 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 195 shares during the period. Spire Wealth Management acquired a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter worth approximately $31,000. Quaker Wealth Management LLC acquired a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter worth approximately $35,000. Finally, Harbour Investments Inc. boosted its stake in 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 valued at $35,000 after purchasing an additional 169 shares during the period. 23.28% of the stock is owned by institutional investors.

abrdn Physical Palladium Shares ETF Company 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.