Summit Financial LLC Purchases Shares of 2,927 Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Summit Financial LLC acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,927 shares of the company’s stock, valued at approximately $243,000.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its stake in Aberdeen Standard Physical Platinum Shares ETF by 1,351.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 537 shares of the company’s stock worth $45,000 after acquiring an additional 500 shares in the last quarter. Avior Wealth Management LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 150.6% during the 4th quarter. Avior Wealth Management LLC now owns 897 shares of the company’s stock worth $74,000 after purchasing an additional 539 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the 4th quarter valued at about $201,000. DAVENPORT & Co LLC bought a new stake in Aberdeen Standard Physical Platinum Shares ETF in the 4th quarter valued at about $249,000. Finally, Linden Thomas Advisory Services LLC raised its stake in Aberdeen Standard Physical Platinum Shares ETF by 21.0% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 3,725 shares of the company’s stock worth $309,000 after buying an additional 646 shares during the period.

Aberdeen Standard Physical Platinum Shares ETF Price Performance

Shares of Aberdeen Standard Physical Platinum Shares ETF stock opened at $83.90 on Friday. Aberdeen Standard Physical Platinum Shares ETF has a 52 week low of $82.35 and a 52 week high of $100.00. The stock has a 50 day moving average price of $89.13 and a two-hundred day moving average price of $88.52.

Aberdeen Standard Physical Platinum Shares ETF Profile

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.