Fortis Group Advisors LLC Invests $3.05 Million in abrdn Physical Palladium Shares ETF $PALL

Fortis Group Advisors LLC purchased a new position in abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 26,689 shares of the exchange traded fund’s stock, valued at approximately $3,047,000. Fortis Group Advisors LLC owned approximately 0.43% of abrdn Physical Palladium Shares ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of abrdn Physical Palladium Shares ETF by 389.6% in the 2nd quarter. Bank of America Corp DE now owns 125,787 shares of the exchange traded fund’s stock worth $12,655,000 after purchasing an additional 100,097 shares during the last quarter. Manatuck Hill Partners LLC acquired a new position in abrdn Physical Palladium Shares ETF in the second quarter worth about $6,540,000. Gradient Investments LLC grew its stake in abrdn Physical Palladium Shares ETF by 92.4% in the third quarter. Gradient Investments LLC now owns 79,132 shares of the exchange traded fund’s stock worth $9,034,000 after purchasing an additional 38,003 shares in the last quarter. Jane Street Group LLC increased its holdings in abrdn Physical Palladium Shares ETF by 1,424.0% in the second quarter. Jane Street Group LLC now owns 37,002 shares of the exchange traded fund’s stock valued at $3,723,000 after buying an additional 34,574 shares during the last quarter. Finally, IMC Chicago LLC acquired a new stake in abrdn Physical Palladium Shares ETF during the third quarter valued at approximately $3,579,000. 23.28% of the stock is currently owned by hedge funds and other institutional investors.

abrdn Physical Palladium Shares ETF Trading Up 0.0%

Shares of PALL opened at $153.53 on Wednesday. abrdn Physical Palladium Shares ETF has a 52 week low of $82.39 and a 52 week high of $197.41. The stock has a 50 day moving average of $159.13 and a 200-day moving average of $132.93.

abrdn Physical Palladium Shares ETF Company Profile

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.