Raymond James Financial Inc. Makes New $1.22 Million Investment in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP)

Raymond James Financial Inc. purchased a new stake in shares of Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 137,041 shares of the company’s stock, valued at approximately $1,218,000. Raymond James Financial Inc. owned approximately 1.42% of Sprott Physical Platinum & Palladium Tr as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of the company. IMC Chicago LLC bought a new stake in Sprott Physical Platinum & Palladium Tr during the 4th quarter valued at $1,702,000. Sprott Inc. raised its holdings in shares of Sprott Physical Platinum & Palladium Tr by 68.6% in the fourth quarter. Sprott Inc. now owns 142,607 shares of the company’s stock valued at $1,268,000 after acquiring an additional 58,002 shares in the last quarter. Financial Enhancement Group LLC purchased a new stake in Sprott Physical Platinum & Palladium Tr in the fourth quarter worth about $1,041,000. Private Advisor Group LLC lifted its stake in Sprott Physical Platinum & Palladium Tr by 7.1% in the fourth quarter. Private Advisor Group LLC now owns 86,289 shares of the company’s stock worth $767,000 after acquiring an additional 5,754 shares during the period. Finally, Stifel Financial Corp grew its holdings in Sprott Physical Platinum & Palladium Tr by 23.1% during the 3rd quarter. Stifel Financial Corp now owns 71,546 shares of the company’s stock worth $703,000 after acquiring an additional 13,435 shares in the last quarter.

Sprott Physical Platinum & Palladium Tr Stock Performance

NYSEARCA:SPPP opened at $9.75 on Thursday. The firm has a 50-day simple moving average of $9.65 and a 200-day simple moving average of $9.70. Sprott Physical Platinum & Palladium Tr has a one year low of $8.69 and a one year high of $11.39.

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.