Hollencrest Capital Management Has $19.22 Million Stake in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Hollencrest Capital Management grew its stake in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 231,405 shares of the company’s stock after purchasing an additional 14,000 shares during the period. Aberdeen Standard Physical Platinum Shares ETF comprises about 0.8% of Hollencrest Capital Management’s investment portfolio, making the stock its 27th biggest position. Hollencrest Capital Management owned about 2.04% of Aberdeen Standard Physical Platinum Shares ETF worth $19,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Confluence Investment Management LLC bought a new position in shares of Aberdeen Standard Physical Platinum Shares ETF during the 4th quarter worth about $201,000. Stifel Financial Corp lifted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 15.3% during the 3rd quarter. Stifel Financial Corp now owns 28,119 shares of the company’s stock worth $2,525,000 after acquiring an additional 3,731 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 15.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 11,296 shares of the company’s stock worth $938,000 after acquiring an additional 1,540 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 14.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 48,304 shares of the company’s stock worth $4,338,000 after acquiring an additional 6,167 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 105.3% during the 3rd quarter. HighTower Advisors LLC now owns 19,624 shares of the company’s stock worth $1,764,000 after acquiring an additional 10,064 shares during the period.

Aberdeen Standard Physical Platinum Shares ETF Stock Up 2.7 %

NYSEARCA:PPLT opened at $89.93 on Wednesday. The company has a 50-day moving average of $87.87 and a 200-day moving average of $88.15. Aberdeen Standard Physical Platinum Shares ETF has a 52 week low of $81.94 and a 52 week high of $100.00.

Aberdeen Standard Physical Platinum Shares ETF Company Profile

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.