GraniteShares Platinum Trust (NYSEARCA:PLTM) Stock Price Up 1.9%

Shares of GraniteShares Platinum Trust (NYSEARCA:PLTM) rose 1.9% on Wednesday . The stock traded as high as $8.54 and last traded at $8.66, approximately 12,574 shares were traded during trading. An increase of 36% from the average daily volume of 9,257 shares. The stock had previously closed at $8.50.

The company’s 50 day moving average is $8.33.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Patriot Investment Management Inc. purchased a new position in shares of GraniteShares Platinum Trust in the first quarter valued at approximately $135,000. Virtu Financial LLC boosted its stake in shares of GraniteShares Platinum Trust by 1,051.0% in the first quarter. Virtu Financial LLC now owns 185,563 shares of the company’s stock valued at $1,571,000 after purchasing an additional 169,441 shares during the period. Finally, Bank of America Corp DE purchased a new position in shares of GraniteShares Platinum Trust in the fourth quarter valued at approximately $127,000.

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