abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Stock Cross Above 200-Day Moving Average – Time to Sell?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $108.14 and traded as high as $128.02. abrdn Physical Palladium Shares ETF shares last traded at $126.31, with a volume of 327,720 shares traded.

abrdn Physical Palladium Shares ETF Price Performance

The firm’s 50-day moving average is $124.02 and its 200-day moving average is $108.56.

Hedge Funds Weigh In On abrdn Physical Palladium Shares ETF

Institutional investors have recently modified their holdings of the company. Mattson Financial Services LLC bought a new stake in abrdn Physical Palladium Shares ETF in the 1st quarter worth approximately $25,000. Advisory Services Network LLC bought a new position in abrdn Physical Palladium Shares ETF during the third quarter valued at approximately $92,000. Binnacle Investments Inc purchased a new position in shares of abrdn Physical Palladium Shares ETF during the third quarter worth approximately $103,000. US Bancorp DE raised its stake in shares of abrdn Physical Palladium Shares ETF by 219.2% during the third quarter. US Bancorp DE now owns 1,564 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,074 shares in the last quarter. Finally, Truist Financial Corp bought a new stake in shares of abrdn Physical Palladium Shares ETF in the 3rd quarter worth approximately $203,000. 23.28% of the stock is currently owned by institutional investors.

About abrdn Physical Palladium Shares ETF

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).