HighTower Advisors LLC Grows Holdings in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

HighTower Advisors LLC increased its stake in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 105.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 19,624 shares of the company’s stock after purchasing an additional 10,064 shares during the period. HighTower Advisors LLC’s holdings in Aberdeen Standard Physical Platinum Shares ETF were worth $1,764,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PPLT. Wealth Enhancement Advisory Services LLC boosted its position in shares of Aberdeen Standard Physical Platinum Shares ETF by 47.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 3,517 shares of the company’s stock worth $316,000 after buying an additional 1,130 shares during the period. International Assets Investment Management LLC acquired a new position in Aberdeen Standard Physical Platinum Shares ETF during the 3rd quarter worth about $1,064,000. Mattson Financial Services LLC purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the 2nd quarter valued at about $150,000. Hollencrest Capital Management grew its position in Aberdeen Standard Physical Platinum Shares ETF by 7.4% in the 2nd quarter. Hollencrest Capital Management now owns 217,880 shares of the company’s stock valued at $19,929,000 after acquiring an additional 15,000 shares in the last quarter. Finally, Blue Trust Inc. purchased a new stake in Aberdeen Standard Physical Platinum Shares ETF during the third quarter worth about $64,000.

Aberdeen Standard Physical Platinum Shares ETF Price Performance

NYSEARCA PPLT opened at $84.30 on Friday. The firm has a 50 day simple moving average of $88.98 and a 200-day simple moving average of $89.08. Aberdeen Standard Physical Platinum Shares ETF has a one year low of $80.09 and a one year high of $100.00.

Aberdeen Standard Physical Platinum Shares ETF Company 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.