PPLT - Aberdeen Standard Physical Platinum Shares ETF
93.73 +0.12 (0.13%)
After hours: 7:50PM EST
| Previous Close | 90.87 |
| Open | 92.09 |
| Bid | 93.87 x 1000 |
| Ask | 94.16 x 1000 |
| Day's Range | 91.91 - 93.61 |
| 52 Week Range | 74.61 - 96.93 |
| Volume | 126,251 |
| Avg. Volume | 97,870 |
| Net Assets | 722.11M |
| NAV | 91.47 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 2.03% |
| Beta (5Y Monthly) | 0.42 |
| Expense Ratio (net) | 0.60% |
| Inception Date | 2010-01-08 |
- Investopedia
Best Platinum ETFs for Q1 2020
Platinum is far rarer and less well-known to investors than other coveted precious metals such as silver or gold, but is also seen as a valuable option for many investors. Platinum, which looks like silver, is a chemical element, precious metal, and commodity all in one that manufacturers use primarily for products such as autos, jewelry, and electronics.
- ETF Trends
Platinum Could Narrow Gap Against Palladium
Palladium is the most valuable precious metal at the moment, but platinum could narrow the gap against its rival, lifting the Aberdeen Standard Platinum Shares ETF (PPLT) along the way. “Palladium will cost on average more than twice as much as platinum this year, but that premium will narrow in 2021 as prices slip from record highs and platinum gains ground,” according to Reuters. Platinum is primarily used in catalytic converters in diesel-powered automobiles, but environmental concerns previously tamped down demand for the precious metal.
- ETF Trends
Coronavirus Outbreak Allows Gold Prices to Break Out
Thanks to as much as a 500-point drop in the Dow Jones Industrial Average in Monday’s trading session, it was risk-off for investors as they piled into safe havens like bonds and gold. Gold was on a path of bearishness after a U.S.-China “phase one” trade deal put the risk back into the markets. “After almost three weeks of consolidation, gold has now pushed higher on risk-aversion as the Coronavirus position worsens and the markets move away from risk,” said Rhona O’Connell, head of market analysis for EMEA & Asia at INTL FCStone, in a daily note.
- ETF Trends
Pros Pile Into Platinum in Late-Year Run
In a year in which gold notched its best annual showing since 2010 and palladium soared, platinum and the Aberdeen Standard Platinum Shares ETF (PPLT) went largely overlooked. PPLT seeks to reflect the performance of the price of physical platinum, less the expenses of the Trust’s operations and is designed for investors who want a cost-effective and convenient way to invest in platinum with minimal credit risk. PPLT still finished 2019 with a gain of nearly 21% and there is evidence to suggest some professional investors are betting on more upside for platinum in the new year.
- Zacks
Top and Flop ETFs of Last Week
The broader market was upbeat last week as stocks continued to notch up gains.
- ETF Trends
Patience Will Be Key When It Comes to Trading Platinum
With palladium prices exploding the last few years while staples like gold and silver continue to see interest in times of market volatility, platinum may not have the attention of investors. “Platinum futures in the January contract settled last Friday in New York at $900 an ounce currently trading at 892 down about $8 for the trading week as prices are stuck in a 3 week consolidation pattern,” said Michael Seery of Seery Futures. “Volatility at the current time is relatively low as prices remain mixed to choppy so keep a close eye on this market as we could possibly be involved in the coming days ahead,” Seery added.
- ETF Database
Platinum ETFs Will Be Powerful Again
The Aberdeen Standard Platinum Shares ETF (PPLT A) and the GraniteShares Platinum Trust (PLTM C) are each up about 12% this year, which is enough to make the platinum ETFs laggards among precious metals ETFs. However, some commodities market observers believe platinum can capture some momentum into year-end.
- ETF Trends
Platinum ETFs Can Be Powerful Again
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) and the GraniteShares Platinum Trust (PLTM) are each up about 12% this year, which is enough to make the platinum ETFs laggards among precious ...
- Zacks
Best Commodity ETFs of Q3
The performance of broad commodities in the third quarter has been mixed.
- ETF Trends
A Possible Assist For The Platinum ETF
Seemingly lost in the fervor surrounding gold ETFs is the fact that platinum equivalents are on torrid paces of their own. While they retreated last Friday, the Aberdeen Standard Platinum Shares ETF (NYSEArca: ...
- ETF Trends
Platinum ETFs Surge as China Considers Cutting Restrictions on Car Purchases
Platinum-related ETFs surged Wednesday as China considers loosening restrictions on vehicle purchases in an attempt to stimulate growth amid ongoing troubles over the trade war with the U.S. Among the ...
- ETF Trends
Platinum ETF Looks to Join Precious Metals Party
Gold and the related exchange traded funds are performing well while palladium and its ETF are on torrid paces this year, but the Aberdeen Standard Platinum Shares ETF (PPLT) . Some commodities market observers believe that is poised to change. Platinum is primarily used in catalytic converters in diesel-powered automobiles, but environmental concerns tamped down demand for the precious metal.
- ETF Trends
Platinum ETF Could Push Higher in the Second Half
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) is up about 2% year-to-date. While that is obviously better than a loss, PPLT’s 2019 performance, to this point, has lagged behind those of comparable ...
- Investopedia
3 Precious Metal ETFs to Hedge Midterm Madness
Learn why the midterm elections may result in "risk-off" market conditions, and explore three precious metal ETFs set to benefit from a divided Congress.
- ETF Trends
Platinum Demand Surges in First Quarter
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) is up 7.11% year-to-date and robust demand is seen as one of the factors boosting platinum this year. Platinum is primarily used in catalytic ...
- ETF Database
Trending: Investors Switch to Platinum as Market Imbalances Set to Correct
Platinum prices surged to 10-month highs after investors turned their attention to the precious metal as an alternative to the seemingly overbought palladium. Chinese equities enjoyed sizeable inflows as government stimulus and trade optimism acted as catalysts to a comeback of economic growth. Crude oil’s remarkable 2019 run spurred interest in leveraged bets while Europe’s common currency is confined by ECB’s dovish approach. Check our previous trends edition at Trending: Palladium Continues Record Run as Supply Worries Intensify.
- ETF Database
Why It’s Time to Consider Precious Metals, Commodity ETFs
As investors consider potential risks ahead, many are looking to ETF strategies that cover alternative assets like precious metals and commodities to help diversify a traditional stock and bond portfolio mix.
- Investopedia
The New Palladium Trade
There may be downside ahead for palladium, and a long platinum/short palladium pairs trade could offer a way to profit.
- Market Exclusive
Market Morning: Yield Curve Hysteria, Bitcoin Trading Faked, Brexit Goes Bananas, Mueller Report Out
Market Freaks Out Over Yield Curve Inversion A Bit Prematurely In what looked like a positive feedback loop on Friday, long term interest rates began to crash, sending the S&P 500 (NYSEARCA:SPY) down nearly 2% and holding at the 2,800 support level. The 10Y Treasury yield was down over 10 basis points, while short term […]The post Market Morning: Yield Curve Hysteria, Bitcoin Trading Faked, Brexit Goes Bananas, Mueller Report Out appeared first on Market Exclusive.
- Investopedia
3 Charts That Suggest It's Time to Buy Metals
Bullish patterns on the charts of key ETFs from the metals segment suggest that prices are headed higher.
- ETF Trends
Palladium ETF Pushes Toward New Records on South Africa Strike Threats
Palladium prices and precious metals-related ETFs pushed toward new heights as the threat of strikes in South Africa tightens the supply outlook for the metal. On Monday, the Aberdeen Standard Physical ...
- Market Exclusive
Market Morning: Honda Flees UK, Trump Sued, Metals Fly, JPMorgan Goes Crypto
Honda Is Shipping Out of the UK Honda (NYSE:HMC) is packing up and closing its Swindon factory by 2022, insisting that it has nothing to do with Brexit. The fact that it’s closing in 2022 and not, like, right now before Brexit takes place illustrates that Honda was probably looking for an excuse to get […]The post Market Morning: Honda Flees UK, Trump Sued, Metals Fly, JPMorgan Goes Crypto appeared first on Market Exclusive.
