Aberdeen Standard Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR) Hits New 12-Month High – Still a Buy?

Aberdeen Standard Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTRGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $128.98 and last traded at $126.52, with a volume of 1794 shares traded. The stock had previously closed at $125.82.

Aberdeen Standard Physical Precious Metals Basket Shares ETF Price Performance

The stock’s 50-day simple moving average is $120.75 and its two-hundred day simple moving average is $116.00.

Institutional Investors Weigh In On Aberdeen Standard Physical Precious Metals Basket Shares ETF

A number of institutional investors have recently added to or reduced their stakes in GLTR. Bank of America Corp DE increased its holdings in shares of Aberdeen Standard Physical Precious Metals Basket Shares ETF by 156.3% in the fourth quarter. Bank of America Corp DE now owns 363,575 shares of the company’s stock worth $39,921,000 after purchasing an additional 221,715 shares during the last quarter. Wells Fargo & Company MN increased its stake in Aberdeen Standard Physical Precious Metals Basket Shares ETF by 33.0% in the 4th quarter. Wells Fargo & Company MN now owns 307,633 shares of the company’s stock worth $33,778,000 after acquiring an additional 76,400 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in Aberdeen Standard Physical Precious Metals Basket Shares ETF by 8,256.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 206,567 shares of the company’s stock worth $22,681,000 after acquiring an additional 204,095 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Aberdeen Standard Physical Precious Metals Basket Shares ETF by 5.6% during the 4th quarter. LPL Financial LLC now owns 198,113 shares of the company’s stock worth $21,753,000 after acquiring an additional 10,468 shares in the last quarter. Finally, Summit Wealth & Retirement Planning Inc. boosted its position in shares of Aberdeen Standard Physical Precious Metals Basket Shares ETF by 0.6% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 146,293 shares of the company’s stock valued at $16,063,000 after acquiring an additional 931 shares during the last quarter.

About Aberdeen Standard Physical Precious Metals Basket Shares ETF

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