Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) Trading Up 1.2% – Here’s What Happened

Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) rose 1.2% during trading on Wednesday . The company traded as high as $90.54 and last traded at $89.54. Approximately 124,076 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 112,764 shares. The stock had previously closed at $88.49.

Aberdeen Standard Physical Palladium Shares ETF Price Performance

The company’s 50 day moving average price is $94.39 and its two-hundred day moving average price is $90.22.

Hedge Funds Weigh In On Aberdeen Standard Physical Palladium Shares ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its position in shares of Aberdeen Standard Physical Palladium Shares ETF by 539.2% during the 2nd quarter. SG Americas Securities LLC now owns 13,277 shares of the exchange traded fund’s stock valued at $1,183,000 after buying an additional 11,200 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in Aberdeen Standard Physical Palladium Shares ETF in the second quarter valued at $355,000. Commonwealth Equity Services LLC lifted its stake in shares of Aberdeen Standard Physical Palladium Shares ETF by 74.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,184 shares of the exchange traded fund’s stock valued at $373,000 after purchasing an additional 1,780 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of Aberdeen Standard Physical Palladium Shares ETF by 129.7% in the 2nd quarter. National Bank of Canada FI now owns 7,692 shares of the exchange traded fund’s stock valued at $686,000 after purchasing an additional 4,344 shares during the last quarter. Finally, X Square Capital LLC purchased a new position in shares of Aberdeen Standard Physical Palladium Shares ETF during the 2nd quarter worth $201,000.

About Aberdeen Standard Physical Palladium Shares ETF

ETFS Physical Palladium Shares (the Fund) is designed to offer investors a simple, cost-efficient and secure way to access the precious metals market. The Fund focuses on providing investors with a return equivalent to movements in the palladium spot price less fees. The Fund is issued by ETFS Palladium Trust (the Trust).