Sprott Physical Platinum & Palladium Tr $SPPP Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in shares of Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) by 16.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 742,101 shares of the company’s stock after selling 144,768 shares during the quarter. Royal Bank of Canada owned about 1.70% of Sprott Physical Platinum & Palladium Tr worth $11,525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SPPP. Advisory Services Network LLC acquired a new position in shares of Sprott Physical Platinum & Palladium Tr during the third quarter valued at approximately $38,000. CIBC Private Wealth Group LLC acquired a new stake in Sprott Physical Platinum & Palladium Tr in the fourth quarter worth approximately $45,000. AdvisorNet Financial Inc lifted its position in Sprott Physical Platinum & Palladium Tr by 123.8% in the first quarter. AdvisorNet Financial Inc now owns 4,835 shares of the company’s stock worth $75,000 after purchasing an additional 2,675 shares during the period. Steward Partners Investment Advisory LLC bought a new position in Sprott Physical Platinum & Palladium Tr during the 4th quarter valued at $77,000. Finally, Main Street Group LTD bought a new position in Sprott Physical Platinum & Palladium Tr during the 1st quarter valued at $78,000.

Sprott Physical Platinum & Palladium Tr Trading Up 0.8%

Shares of SPPP stock opened at $14.24 on Friday. Sprott Physical Platinum & Palladium Tr has a 1 year low of $11.57 and a 1 year high of $23.81. The business’s fifty day moving average is $13.34 and its 200-day moving average is $15.55.

Sprott Physical Platinum & Palladium Tr Company Profile

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.