PPLT - Aberdeen Standard Physical Platinum Shares ETF
| Previous Close | 68.61 |
| Open | 67.68 |
| Bid | 67.70 x 1000 |
| Ask | 68.30 x 900 |
| Day's Range | 67.08 - 68.20 |
| 52 Week Range | 55.00 - 96.93 |
| Volume | 83,248 |
| Avg. Volume | 181,861 |
| Net Assets | 540.04M |
| NAV | 67.13 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | -25.12% |
| Beta (5Y Monthly) | 0.62 |
| Expense Ratio (net) | 0.60% |
| Inception Date | 2010-01-08 |
- Investopedia
Best Platinum ETFs for Q2 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 automobiles, 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 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.
