Weiss Asset Management LP Acquires New Holdings in Sprott Physical Platinum & Palladium Tr $SPPP

Weiss Asset Management LP bought a new position in shares of Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 695,443 shares of the company’s stock, valued at approximately $10,800,000. Weiss Asset Management LP owned approximately 1.60% of Sprott Physical Platinum & Palladium Tr as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of SPPP. CIBC Private Wealth Group LLC bought a new position in Sprott Physical Platinum & Palladium Tr in the fourth quarter valued at approximately $45,000. Advisory Services Network LLC acquired a new stake in shares of Sprott Physical Platinum & Palladium Tr during the third quarter worth $38,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Sprott Physical Platinum & Palladium Tr during the fourth quarter worth $77,000. AdvisorNet Financial Inc raised its holdings in shares of Sprott Physical Platinum & Palladium Tr by 123.8% during the first quarter. AdvisorNet Financial Inc now owns 4,835 shares of the company’s stock worth $75,000 after acquiring an additional 2,675 shares during the period. Finally, Main Street Group LTD bought a new stake in Sprott Physical Platinum & Palladium Tr in the 1st quarter valued at $78,000.

Sprott Physical Platinum & Palladium Tr Stock Down 0.7%

Shares of NYSEARCA SPPP opened at $12.84 on Friday. Sprott Physical Platinum & Palladium Tr has a 1-year low of $11.57 and a 1-year high of $23.81. The company has a fifty day moving average price of $13.62 and a 200 day moving average price of $15.93.

Sprott Physical Platinum & Palladium Tr Company Profile

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.