abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) Shares Gap Up – Should You Buy?

abrdn Physical Palladium Shares ETF (NYSEARCA:PALLGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $174.99, but opened at $183.37. abrdn Physical Palladium Shares ETF shares last traded at $183.7990, with a volume of 327,000 shares trading hands.

abrdn Physical Palladium Shares ETF Price Performance

The stock’s fifty day simple moving average is $150.67 and its 200-day simple moving average is $128.08.

Institutional Trading of abrdn Physical Palladium Shares ETF

Several large investors have recently bought and sold shares of the company. National Bank of Canada FI increased its position in shares of abrdn Physical Palladium Shares ETF by 1.3% in the third quarter. National Bank of Canada FI now owns 6,815 shares of the exchange traded fund’s stock valued at $777,000 after buying an additional 85 shares in the last quarter. Perigon Wealth Management LLC raised its position in abrdn Physical Palladium Shares ETF by 3.0% during the fourth quarter. Perigon Wealth Management LLC now owns 4,071 shares of the exchange traded fund’s stock worth $592,000 after acquiring an additional 120 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of abrdn Physical Palladium Shares ETF by 5.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,069 shares of the exchange traded fund’s stock worth $350,000 after purchasing an additional 149 shares in the last quarter. Noble Wealth Management PBC acquired a new position in shares of abrdn Physical Palladium Shares ETF during the 4th quarter worth approximately $29,000. Finally, Spire Wealth Management acquired a new stake in abrdn Physical Palladium Shares ETF during the 4th quarter valued at $31,000. Institutional investors and hedge funds own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Company Profile

(Get Free Report)

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.

Further Reading

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