Cypress Capital Management LLC WY Has $733,000 Holdings in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Cypress Capital Management LLC WY trimmed its holdings in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,822 shares of the company’s stock after selling 409 shares during the period. Cypress Capital Management LLC WY’s holdings in Aberdeen Standard Physical Platinum Shares ETF were worth $733,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. SG Americas Securities LLC increased its holdings in shares of Aberdeen Standard Physical Platinum Shares ETF by 112.1% during the 4th quarter. SG Americas Securities LLC now owns 115,715 shares of the company’s stock worth $9,610,000 after acquiring an additional 61,159 shares during the last quarter. Lake Hills Wealth Management LLC acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF in the third quarter valued at $3,709,000. Copley Financial Group Inc. bought a new position in shares of Aberdeen Standard Physical Platinum Shares ETF in the third quarter valued at about $1,862,000. International Assets Investment Management LLC bought a new position in Aberdeen Standard Physical Platinum Shares ETF in the 3rd quarter valued at about $1,064,000. Finally, Hedges Asset Management LLC bought a new stake in Aberdeen Standard Physical Platinum Shares ETF in the 4th quarter valued at $922,000.

Aberdeen Standard Physical Platinum Shares ETF Stock Up 2.0 %

Shares of PPLT opened at $88.76 on Friday. Aberdeen Standard Physical Platinum Shares ETF has a 12 month low of $80.09 and a 12 month high of $100.00. The firm’s 50 day moving average is $85.93 and its 200-day moving average is $87.81.

About Aberdeen Standard 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.