30,529 Shares in Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) Purchased by HighTower Advisors LLC

HighTower Advisors LLC acquired a new stake in shares of Sprott Physical Platinum & Palladium Tr (NYSEARCA:SPPP) in the 4th quarter, HoldingsChannel reports. The firm acquired 30,529 shares of the company’s stock, valued at approximately $271,000.

Other hedge funds also recently added to or reduced their stakes in the company. IMC Chicago LLC purchased a new stake in shares of Sprott Physical Platinum & Palladium Tr in the fourth quarter valued at about $1,702,000. Sprott Inc. lifted its position in Sprott Physical Platinum & Palladium Tr by 68.6% in the fourth quarter. Sprott Inc. now owns 142,607 shares of the company’s stock valued at $1,268,000 after purchasing an additional 58,002 shares during the period. Raymond James Financial Inc. purchased a new stake in Sprott Physical Platinum & Palladium Tr in the 4th quarter valued at approximately $1,218,000. Financial Enhancement Group LLC acquired a new position in Sprott Physical Platinum & Palladium Tr during the 4th quarter worth approximately $1,041,000. Finally, Private Advisor Group LLC raised its stake in shares of Sprott Physical Platinum & Palladium Tr by 7.1% during the 4th quarter. Private Advisor Group LLC now owns 86,289 shares of the company’s stock worth $767,000 after buying an additional 5,754 shares in the last quarter.

Sprott Physical Platinum & Palladium Tr Stock Down 1.3 %

Shares of Sprott Physical Platinum & Palladium Tr stock opened at $9.75 on Thursday. The company has a 50-day moving average of $9.65 and a two-hundred day moving average of $9.70. Sprott Physical Platinum & Palladium Tr has a 12-month low of $8.69 and a 12-month high of $11.39.

Sprott Physical Platinum & Palladium Tr Profile

Sprott Physical Platinum and Palladium Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity markets. It invests in physical platinum and palladium bullion in Good Delivery plate or ingot form. Sprott Physical Platinum and Palladium Trust was formed on December 23, 2011 and is domiciled in Canada.