Wealth Watch Advisors INC lifted its stake in GraniteShares Platinum Trust (NYSEARCA:PLTM – Free Report) by 254.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,651 shares of the company’s stock after purchasing an additional 48,565 shares during the period. Wealth Watch Advisors INC owned approximately 1.03% of GraniteShares Platinum Trust worth $879,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in GraniteShares Platinum Trust by 7.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 111,684 shares of the company’s stock valued at $1,452,000 after acquiring an additional 8,038 shares in the last quarter. Sovereign Financial Group Inc. acquired a new stake in shares of GraniteShares Platinum Trust in the second quarter worth approximately $273,000. Freedom Investment Management Inc. acquired a new stake in shares of GraniteShares Platinum Trust in the first quarter worth approximately $159,000. Cetera Investment Advisers lifted its position in GraniteShares Platinum Trust by 42.2% during the first quarter. Cetera Investment Advisers now owns 41,457 shares of the company’s stock valued at $401,000 after buying an additional 12,293 shares in the last quarter. Finally, PCG Wealth Advisors LLC lifted its position in GraniteShares Platinum Trust by 9.2% during the first quarter. PCG Wealth Advisors LLC now owns 161,364 shares of the company’s stock valued at $1,562,000 after buying an additional 13,556 shares in the last quarter.
GraniteShares Platinum Trust Stock Down 0.6%
Shares of PLTM stock opened at $15.50 on Monday. The firm’s 50 day moving average price is $14.30 and its two-hundred day moving average price is $12.48. GraniteShares Platinum Trust has a fifty-two week low of $8.72 and a fifty-two week high of $16.68.
About GraniteShares Platinum Trust
The GraniteShares Platinum Trust (PLTM) 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 and liabilities, using physically held platinum. PLTM was launched on Jan 22, 2018 and is managed by GraniteShares.
Featured Articles
- Five stocks we like better than GraniteShares Platinum Trust
- What is Short Interest? How to Use It
- PulteGroup Is Down But Not Out—Here’s What Wall Street Missed
- ETF Screener: Uses and Step-by-Step Guide
- Cleveland-Cliffs Breaks to New Highs on Earnings, More Upside?
- Canadian Penny Stocks: Can They Make You Rich?
- Is Landstar the Next Big Winner in Transportation Stocks?
Receive News & Ratings for GraniteShares Platinum Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares Platinum Trust and related companies with MarketBeat.com's FREE daily email newsletter.
