Hohimer Wealth Management LLC Purchases Shares of 18,550 abrdn Physical Platinum Shares ETF $PPLT

Hohimer Wealth Management LLC acquired a new stake in shares of abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,550 shares of the company’s stock, valued at approximately $2,650,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Raleigh Capital Management Inc. acquired a new position in abrdn Physical Platinum Shares ETF in the third quarter valued at $34,000. Ball & Co Wealth Management Inc. acquired a new stake in abrdn Physical Platinum Shares ETF during the third quarter worth about $34,000. Assetmark Inc. raised its holdings in shares of abrdn Physical Platinum Shares ETF by 407.3% in the 3rd quarter. Assetmark Inc. now owns 279 shares of the company’s stock worth $40,000 after purchasing an additional 224 shares during the period. Allworth Financial LP lifted its stake in shares of abrdn Physical Platinum Shares ETF by 137.6% in the 2nd quarter. Allworth Financial LP now owns 297 shares of the company’s stock valued at $36,000 after purchasing an additional 172 shares in the last quarter. Finally, MAI Capital Management grew its holdings in shares of abrdn Physical Platinum Shares ETF by 252.9% during the 2nd quarter. MAI Capital Management now owns 367 shares of the company’s stock worth $45,000 after purchasing an additional 263 shares during the period. 20.03% of the stock is currently owned by institutional investors and hedge funds.

abrdn Physical Platinum Shares ETF Price Performance

PPLT opened at $207.08 on Friday. abrdn Physical Platinum Shares ETF has a 1 year low of $82.79 and a 1 year high of $261.62. The firm has a 50 day moving average price of $205.46 and a 200 day moving average price of $162.56.

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.