Hollencrest Capital Management Increases Stock Position in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Hollencrest Capital Management increased its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 7.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 217,880 shares of the company’s stock after purchasing an additional 15,000 shares during the period. Aberdeen Standard Physical Platinum Shares ETF accounts for 0.9% of Hollencrest Capital Management’s holdings, making the stock its 24th biggest holding. Hollencrest Capital Management owned about 1.92% of Aberdeen Standard Physical Platinum Shares ETF worth $19,929,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Linden Thomas Advisory Services LLC boosted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 5.2% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 2,838 shares of the company’s stock valued at $260,000 after buying an additional 141 shares in the last quarter. Scotia Capital Inc. grew its holdings in Aberdeen Standard Physical Platinum Shares ETF by 6.8% in the fourth quarter. Scotia Capital Inc. now owns 4,466 shares of the company’s stock worth $407,000 after purchasing an additional 283 shares during the last quarter. Cantor Fitzgerald L. P. increased its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 18.1% during the fourth quarter. Cantor Fitzgerald L. P. now owns 6,526 shares of the company’s stock worth $595,000 after purchasing an additional 1,000 shares in the last quarter. Mechanics Financial Corp purchased a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF during the 2nd quarter valued at $91,000. Finally, PFG Investments LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 26.5% in the 2nd quarter. PFG Investments LLC now owns 5,490 shares of the company’s stock worth $502,000 after purchasing an additional 1,150 shares in the last quarter.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

Shares of PPLT stock opened at $90.49 on Friday. The stock’s fifty day moving average price is $87.36 and its 200 day moving average price is $88.38. Aberdeen Standard Physical Platinum Shares ETF has a 1-year low of $77.68 and a 1-year high of $100.00.

About Aberdeen Standard Physical Platinum Shares ETF

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.