Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Sees Large Volume Increase

Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) shares saw unusually-high trading volume on Wednesday . Approximately 95,036 shares traded hands during mid-day trading, a decline of 36% from the previous session’s volume of 148,393 shares.The stock last traded at $92.84 and had previously closed at $91.10.

Aberdeen Standard Physical Platinum Shares ETF Stock Up 1.2 %

The stock has a 50 day moving average price of $87.49 and a two-hundred day moving average price of $88.78.

Institutional Investors Weigh In On Aberdeen Standard Physical Platinum Shares ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PPLT. Herr Investment Group LLC lifted its holdings in Aberdeen Standard Physical Platinum Shares ETF by 169.5% in the first quarter. Herr Investment Group LLC now owns 372,855 shares of the company’s stock valued at $31,152,000 after buying an additional 234,494 shares during the period. Jane Street Group LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 98.8% in the 1st quarter. Jane Street Group LLC now owns 141,698 shares of the company’s stock worth $11,839,000 after purchasing an additional 70,437 shares during the last quarter. Caxton Associates LP grew its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 111.2% during the first quarter. Caxton Associates LP now owns 119,410 shares of the company’s stock worth $9,977,000 after purchasing an additional 62,862 shares during the period. Virtu Financial LLC increased its holdings in Aberdeen Standard Physical Platinum Shares ETF by 253.6% in the fourth quarter. Virtu Financial LLC now owns 44,468 shares of the company’s stock valued at $4,054,000 after purchasing an additional 31,893 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake 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 buying an additional 16,500 shares during the period.

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.