Financial Enhancement Group LLC purchased a new stake in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 112,087 shares of the company’s stock, valued at approximately $1,041,000.
Several other institutional investors and hedge funds also recently made changes to their positions in SPPP. Stifel Financial Corp lifted its holdings in shares of Sprott Physical Platinum & Palladium Tr by 23.1% in the third quarter. Stifel Financial Corp now owns 71,546 shares of the company’s stock valued at $703,000 after purchasing an additional 13,435 shares in the last quarter. Jane Street Group LLC raised its position in Sprott Physical Platinum & Palladium Tr by 58.4% in the 3rd quarter. Jane Street Group LLC now owns 45,115 shares of the company’s stock valued at $443,000 after buying an additional 16,626 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the 3rd quarter valued at approximately $107,000.
Sprott Physical Platinum & Palladium Tr Stock Up 0.9 %
NYSEARCA:SPPP opened at $9.35 on Thursday. Sprott Physical Platinum & Palladium Tr has a twelve month low of $8.55 and a twelve month high of $11.39. The business has a 50 day moving average price of $9.37 and a two-hundred day moving average price of $9.65.
About Sprott Physical Platinum & Palladium Tr
Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.
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