Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) Shares Up 1.2% – Should You Buy?

Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) were up 1.2% during mid-day trading on Wednesday . The stock 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 Stock Down 2.0 %

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

Institutional Trading of Aberdeen Standard Physical Palladium Shares ETF

Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in shares of Aberdeen Standard Physical Palladium Shares ETF by 3.8% in the third quarter. SG Americas Securities LLC now owns 13,777 shares of the exchange traded fund’s stock valued at $1,263,000 after buying an additional 500 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Aberdeen Standard Physical Palladium Shares ETF by 74.0% during the second quarter. Commonwealth Equity Services LLC now owns 4,184 shares of the exchange traded fund’s stock worth $373,000 after purchasing an additional 1,780 shares in the last quarter. X Square Capital LLC purchased a new stake in shares of Aberdeen Standard Physical Palladium Shares ETF during the second quarter worth about $201,000. Scientech Research LLC acquired a new position in shares of Aberdeen Standard Physical Palladium Shares ETF during the 2nd quarter worth about $212,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Aberdeen Standard Physical Palladium Shares ETF in the 2nd quarter valued at about $355,000.

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).