Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Shares Gap Up to $90.73

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)’s share price gapped up before the market opened on Friday . The stock had previously closed at $90.73, but opened at $92.81. Aberdeen Standard Physical Platinum Shares ETF shares last traded at $92.73, with a volume of 21,055 shares traded.

Aberdeen Standard Physical Platinum Shares ETF Trading Up 0.8 %

The stock’s 50-day simple moving average is $90.92 and its two-hundred day simple moving average is $87.13.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Activest Wealth Management acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF during the first quarter valued at about $26,000. Geneos Wealth Management Inc. acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF during the fourth quarter valued at about $56,000. Scotia Capital Inc. raised its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 3.9% during the third quarter. Scotia Capital Inc. now owns 4,183 shares of the company’s stock valued at $350,000 after buying an additional 157 shares during the last quarter. PFG Investments LLC acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF during the first quarter valued at about $363,000. Finally, Vanguard Capital Wealth Advisors raised its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 4.7% during the fourth quarter. Vanguard Capital Wealth Advisors now owns 4,501 shares of the company’s stock valued at $410,000 after buying an additional 200 shares during the last quarter.

Aberdeen Standard 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.