Herr Investment Group LLC Decreases Stock Position in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Herr Investment Group LLC decreased its stake in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 72.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,485 shares of the company’s stock after selling 271,370 shares during the quarter. Aberdeen Standard Physical Platinum Shares ETF makes up 0.6% of Herr Investment Group LLC’s investment portfolio, making the stock its 15th biggest holding. Herr Investment Group LLC owned approximately 0.89% of Aberdeen Standard Physical Platinum Shares ETF worth $9,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Jane Street Group LLC raised its stake in Aberdeen Standard Physical Platinum Shares ETF by 98.8% in the first quarter. Jane Street Group LLC now owns 141,698 shares of the company’s stock valued at $11,839,000 after buying an additional 70,437 shares in the last quarter. Caxton Associates LP raised its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 111.2% during the 1st quarter. Caxton Associates LP now owns 119,410 shares of the company’s stock worth $9,977,000 after acquiring an additional 62,862 shares in the last quarter. Virtu Financial LLC lifted its stake in Aberdeen Standard Physical Platinum Shares ETF by 253.6% during the fourth quarter. Virtu Financial LLC now owns 44,468 shares of the company’s stock worth $4,054,000 after purchasing an additional 31,893 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Aberdeen Standard Physical Platinum Shares ETF by 27.7% in the first quarter. SG Americas Securities LLC now owns 76,055 shares of the company’s stock valued at $6,354,000 after purchasing an additional 16,500 shares in the last quarter. Finally, Hollencrest Capital Management increased its stake in Aberdeen Standard Physical Platinum Shares ETF by 7.4% in the second quarter. Hollencrest Capital Management now owns 217,880 shares of the company’s stock valued at $19,929,000 after purchasing an additional 15,000 shares during the last quarter.

Aberdeen Standard Physical Platinum Shares ETF Price Performance

PPLT stock opened at $90.49 on Friday. Aberdeen Standard Physical Platinum Shares ETF has a twelve month low of $77.68 and a twelve month high of $100.00. The company’s 50 day moving average is $87.36 and its two-hundred day moving average is $88.38.

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.