Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) Stock Pass Above 200 Day Moving Average – Here’s What Happened

Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $90.06 and traded as high as $91.42. Aberdeen Standard Physical Palladium Shares ETF shares last traded at $91.05, with a volume of 159,742 shares traded.

Aberdeen Standard Physical Palladium Shares ETF Stock Performance

The firm has a 50 day moving average price of $87.58 and a 200 day moving average price of $90.04.

Hedge Funds Weigh In On Aberdeen Standard Physical Palladium Shares ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PALL. Gradient Investments LLC acquired a new position in shares of Aberdeen Standard Physical Palladium Shares ETF during the fourth quarter valued at about $3,168,000. Private Wealth Advisors LLC acquired a new stake in Aberdeen Standard Physical Palladium Shares ETF during the 3rd quarter valued at approximately $2,133,000. Jane Street Group LLC purchased a new position in shares of Aberdeen Standard Physical Palladium Shares ETF during the third quarter worth $1,031,000. Arvest Investments Inc. boosted its holdings in Aberdeen Standard Physical Palladium Shares ETF by 23.4% in the third quarter. Arvest Investments Inc. now owns 22,385 shares of the exchange traded fund’s stock valued at $2,052,000 after purchasing an additional 4,243 shares during the last quarter. Finally, Scientech Research LLC acquired a new stake in Aberdeen Standard Physical Palladium Shares ETF during the 2nd quarter worth about $212,000.

Aberdeen Standard 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).