Matauro LLC Invests $1.39 Million in abrdn Physical Palladium Shares ETF $PALL

Matauro LLC acquired a new stake in shares of abrdn Physical Palladium Shares ETF (NYSEARCA:PALL) in the fourth quarter, Holdings Channel.com reports. The firm acquired 9,578 shares of the exchange traded fund’s stock, valued at approximately $1,392,000.

Several other hedge funds have also made changes to their positions in the stock. Perigon Wealth Management LLC acquired a new stake in shares of abrdn Physical Palladium Shares ETF during the 3rd quarter worth approximately $451,000. Cetera Investment Advisers raised its stake in shares of abrdn Physical Palladium Shares ETF by 134.9% in the second quarter. Cetera Investment Advisers now owns 9,862 shares of the exchange traded fund’s stock valued at $992,000 after purchasing an additional 5,664 shares in the last quarter. Gradient Investments LLC lifted its position 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 during the period. Bell Bank bought a new position in abrdn Physical Palladium Shares ETF in the third quarter worth $571,000. Finally, Fortis Group Advisors LLC acquired a new stake in abrdn Physical Palladium Shares ETF during the third quarter worth $3,047,000. Institutional investors own 23.28% of the company’s stock.

abrdn Physical Palladium Shares ETF Price Performance

Shares of abrdn Physical Palladium Shares ETF stock opened at $134.65 on Thursday. abrdn Physical Palladium Shares ETF has a 52-week low of $82.39 and a 52-week high of $197.41. The company’s fifty day moving average price is $151.92 and its two-hundred day moving average price is $141.72.

abrdn Physical Palladium Shares ETF 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.