Sollinda Capital Management LLC Buys 10,778 Shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Sollinda Capital Management LLC boosted its stake in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 152.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,863 shares of the company’s stock after purchasing an additional 10,778 shares during the quarter. Aberdeen Standard Physical Platinum Shares ETF makes up 0.5% of Sollinda Capital Management LLC’s portfolio, making the stock its 24th biggest holding. Sollinda Capital Management LLC’s holdings in Aberdeen Standard Physical Platinum Shares ETF were worth $1,604,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Arlington Trust Co LLC bought a new stake in Aberdeen Standard Physical Platinum Shares ETF in the third quarter valued at $30,000. Brown Financial Advisors purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the second quarter valued at $31,000. Highline Wealth Partners LLC purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the third quarter valued at $36,000. Blue Trust Inc. purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the third quarter valued at $64,000. Finally, Mechanics Financial Corp purchased a new position in Aberdeen Standard Physical Platinum Shares ETF during the second quarter valued at $91,000.

Aberdeen Standard Physical Platinum Shares ETF Stock Performance

Aberdeen Standard Physical Platinum Shares ETF stock traded down $0.35 on Friday, hitting $90.61. 154,286 shares of the stock traded hands, compared to its average volume of 155,180. The business’s fifty day simple moving average is $89.79 and its 200 day simple moving average is $89.73. Aberdeen Standard Physical Platinum Shares ETF has a 1 year low of $77.68 and a 1 year high of $100.00.

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.