abrdn Physical Platinum Shares ETF $PPLT Shares Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co increased its holdings in abrdn Physical Platinum Shares ETF (NYSEARCA:PPLT) by 10.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,406,003 shares of the company’s stock after buying an additional 405,214 shares during the period. abrdn Physical Platinum Shares ETF makes up about 1.2% of CENTRAL TRUST Co’s portfolio, making the stock its 21st largest holding. CENTRAL TRUST Co’s holdings in abrdn Physical Platinum Shares ETF were worth $67,897,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fifth Third Bancorp bought a new position in abrdn Physical Platinum Shares ETF in the third quarter worth about $207,000. Hohimer Wealth Management LLC acquired a new position in abrdn Physical Platinum Shares ETF in the third quarter valued at approximately $1,577,000. StoneX Group Inc. bought a new position in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at approximately $184,000. Kestra Advisory Services LLC grew its holdings in shares of abrdn Physical Platinum Shares ETF by 23.1% during the third quarter. Kestra Advisory Services LLC now owns 31,232 shares of the company’s stock valued at $481,000 after purchasing an additional 5,862 shares during the last quarter. Finally, Team Financial Group LLC bought a new position in shares of abrdn Physical Platinum Shares ETF during the third quarter valued at approximately $27,000. Institutional investors own 20.03% of the company’s stock.

abrdn Physical Platinum Shares ETF Trading Down 0.3%

Shares of abrdn Physical Platinum Shares ETF stock opened at $13.90 on Thursday. The business’s 50 day simple moving average is $15.07 and its 200-day simple moving average is $16.87. abrdn Physical Platinum Shares ETF has a twelve month low of $12.80 and a twelve month high of $26.16.

About abrdn Physical Platinum Shares ETF

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.