Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) Stock Pass Above 200-Day Moving Average – Here’s What Happened

Shares of Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $90.01 and traded as high as $106.35. Aberdeen Standard Physical Palladium Shares ETF shares last traded at $105.58, with a volume of 254,401 shares trading hands.

Aberdeen Standard Physical Palladium Shares ETF Price Performance

The company’s 50 day simple moving average is $95.22 and its 200-day simple moving average is $90.21.

Institutional Trading of Aberdeen Standard Physical Palladium Shares ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Evergreen Capital Management LLC purchased a new position in Aberdeen Standard Physical Palladium Shares ETF during the 2nd quarter valued at about $3,637,000. SG Americas Securities LLC lifted its holdings in Aberdeen Standard Physical Palladium Shares ETF by 539.2% during the second quarter. SG Americas Securities LLC now owns 13,277 shares of the exchange traded fund’s stock worth $1,183,000 after buying an additional 11,200 shares during the period. National Bank of Canada FI boosted its position in Aberdeen Standard Physical Palladium Shares ETF by 129.7% during 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 acquiring an additional 4,344 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Aberdeen Standard Physical Palladium Shares ETF during the 2nd quarter valued at $355,000. Finally, Scientech Research LLC purchased a new position in shares of Aberdeen Standard Physical Palladium Shares ETF in the 2nd quarter valued at $212,000.

Aberdeen Standard Physical Palladium Shares ETF Company Profile

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).