abrdn Physical Palladium Shares ETF Sees Unusually Large Options Volume (NYSEARCA:PALL)

abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) saw unusually large options trading on Tuesday. Traders bought 6,347 put options on the company. This is an increase of 466% compared to the average volume of 1,121 put options.

abrdn Physical Palladium Shares ETF Stock Performance

NYSEARCA:PALL traded up $0.42 on Tuesday, reaching $23.22. 190,891 shares of the stock traded hands, compared to its average volume of 1,616,897. The company’s 50 day moving average is $23.68 and its 200-day moving average is $27.76. abrdn Physical Palladium Shares ETF has a 1-year low of $19.70 and a 1-year high of $39.48.

Institutional Investors Weigh In On abrdn Physical Palladium Shares ETF

A number of institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in abrdn Physical Palladium Shares ETF by 10,367.5% in the first quarter. Jones Financial Companies Lllp now owns 8,374 shares of the exchange traded fund’s stock valued at $758,000 after buying an additional 8,294 shares during the period. Jane Street Group LLC boosted its position in abrdn Physical Palladium Shares ETF by 1,424.0% during the second quarter. Jane Street Group LLC now owns 37,002 shares of the exchange traded fund’s stock valued at $3,723,000 after acquiring an additional 34,574 shares during the last quarter. Bank of America Corp DE grew its holdings in abrdn Physical Palladium Shares ETF by 389.6% during the 2nd quarter. Bank of America Corp DE now owns 125,787 shares of the exchange traded fund’s stock worth $12,655,000 after acquiring an additional 100,097 shares during the period. BNP Paribas Financial Markets grew its holdings in abrdn Physical Palladium Shares ETF by 17.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 38,617 shares of the exchange traded fund’s stock worth $3,885,000 after acquiring an additional 5,857 shares during the period. Finally, Benjamin Edwards Inc. bought a new position in shares of abrdn Physical Palladium Shares ETF in the 2nd quarter worth about $294,000. 23.28% of the stock is 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). The Fund’s sponsor is ETF Securities USA LLC, which is a wholly owned subsidiary of ETF Securities Ltd.