abrdn Physical Palladium Shares ETF (NYSEARCA:PALL – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $25.79, but opened at $24.82. abrdn Physical Palladium Shares ETF shares last traded at $24.80, with a volume of 144,612 shares trading hands.
abrdn Physical Palladium Shares ETF Stock Performance
The firm’s 50 day moving average is $23.50 and its two-hundred day moving average is $25.93.
Hedge Funds Weigh In On abrdn Physical Palladium Shares ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Gradient Investments LLC lifted its holdings in abrdn Physical Palladium Shares ETF by 378.3% during the second quarter. Gradient Investments LLC now owns 575,505 shares of the exchange traded fund’s stock worth $12,707,000 after acquiring an additional 455,175 shares in the last quarter. BNP Paribas Financial Markets grew its stake in abrdn Physical Palladium Shares ETF by 18.1% in the fourth quarter. BNP Paribas Financial Markets now owns 137,729 shares of the exchange traded fund’s stock valued at $20,023,000 after acquiring an additional 21,107 shares during the period. Total Wealth Planning & Management Inc. bought a new stake in shares of abrdn Physical Palladium Shares ETF in the fourth quarter worth about $467,000. Essex Financial Services Inc. increased its holdings in shares of abrdn Physical Palladium Shares ETF by 15.1% in the fourth quarter. Essex Financial Services Inc. now owns 4,864 shares of the exchange traded fund’s stock worth $707,000 after acquiring an additional 639 shares in the last quarter. Finally, Black Swift Group LLC acquired a new stake in shares of abrdn Physical Palladium Shares ETF during the fourth quarter worth about $5,515,000. 23.28% of the stock is owned by institutional investors.
About abrdn Physical Palladium Shares ETF
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.
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