Money Design Co. Ltd. trimmed its position in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT – Free Report) by 39.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,541 shares of the company’s stock after selling 31,395 shares during the period. Money Design Co. Ltd. owned approximately 0.42% of Aberdeen Standard Physical Platinum Shares ETF worth $3,930,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC acquired a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF during the third quarter worth approximately $30,000. Brown Financial Advisors bought a new position in Aberdeen Standard Physical Platinum Shares ETF during the 2nd quarter valued at $31,000. Highline Wealth Partners LLC acquired a new position in Aberdeen Standard Physical Platinum Shares ETF during the 3rd quarter worth $36,000. Blue Trust Inc. bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the 3rd quarter worth about $64,000. Finally, Avior Wealth Management LLC raised its stake in shares of Aberdeen Standard Physical Platinum Shares ETF by 150.6% in the 4th quarter. Avior Wealth Management LLC now owns 897 shares of the company’s stock valued at $74,000 after purchasing an additional 539 shares in the last quarter.
Aberdeen Standard Physical Platinum Shares ETF Stock Down 0.6 %
Shares of PPLT stock opened at $86.19 on Wednesday. Aberdeen Standard Physical Platinum Shares ETF has a one year low of $80.09 and a one year high of $100.00. The company’s 50-day simple moving average is $86.00 and its 200-day simple moving average is $87.85.
About Aberdeen Standard Physical Platinum Shares ETF
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.
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