Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) Stake Decreased by Money Design Co. Ltd.

Money Design Co. Ltd. cut its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 39.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,541 shares of the company’s stock after selling 31,395 shares during the period. Money Design Co. Ltd.’s holdings in Aberdeen Standard Physical Platinum Shares ETF were worth $3,930,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Arlington Trust Co LLC acquired a new position in Aberdeen Standard Physical Platinum Shares ETF during the 3rd quarter worth $30,000. Brown Financial Advisors bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF during the second quarter valued at about $31,000. Highline Wealth Partners LLC acquired a new stake in Aberdeen Standard Physical Platinum Shares ETF in the third quarter worth about $36,000. Blue Trust Inc. bought a new position in Aberdeen Standard Physical Platinum Shares ETF in the 3rd quarter valued at about $64,000. Finally, Avior Wealth Management LLC increased its stake in Aberdeen Standard Physical Platinum Shares ETF by 150.6% during the 4th quarter. Avior Wealth Management LLC now owns 897 shares of the company’s stock valued at $74,000 after buying an additional 539 shares during the period.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

PPLT stock opened at $86.19 on Wednesday. The firm’s 50-day moving average is $86.00 and its two-hundred day moving average is $87.85. Aberdeen Standard Physical Platinum Shares ETF has a 52 week low of $80.09 and a 52 week high of $100.00.

Aberdeen Standard Physical Platinum Shares ETF 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.