abrdn Physical Platinum Shares ETF $PPLT is WIT Partners Advisory Pte. Ltd.’s 5th Largest Position

WIT Partners Advisory Pte. Ltd. boosted its stake in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 2,314.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 554,491 shares of the company’s stock after purchasing an additional 531,521 shares during the period. abrdn Physical Platinum Shares ETF comprises 3.7% of WIT Partners Advisory Pte. Ltd.’s investment portfolio, making the stock its 5th largest position. WIT Partners Advisory Pte. Ltd. owned 0.44% of abrdn Physical Platinum Shares ETF worth $7,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of PPLT. Geneos Wealth Management Inc. grew its holdings in shares of abrdn Physical Platinum Shares ETF by 2,060.0% in the first quarter. Geneos Wealth Management Inc. now owns 432 shares of the company’s stock worth $39,000 after purchasing an additional 412 shares during the last quarter. Betterment LLC bought a new stake in abrdn Physical Platinum Shares ETF during the 2nd quarter valued at $211,000. Raymond James Financial Inc. raised 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 valued at $7,775,000 after buying an additional 41,348 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in abrdn Physical Platinum Shares ETF during the 2nd quarter valued at $647,000. Finally, Benjamin Edwards Inc. purchased a new stake in abrdn Physical Platinum Shares ETF during the 2nd quarter valued at $367,000. 20.03% of the stock is owned by hedge funds and other institutional investors.

abrdn Physical Platinum Shares ETF Price Performance

Shares of abrdn Physical Platinum Shares ETF stock opened at $16.49 on Friday. The company’s fifty day simple moving average is $15.36 and its two-hundred day simple moving average is $17.09. abrdn Physical Platinum Shares ETF has a 12-month low of $12.32 and a 12-month high of $26.16.

abrdn 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.