#3 - Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)
We’ve got an additional precious metals ETF to recommend. The Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) is a way to get exposure to precious metals without investing in gold or silver. Like silver, platinum has applications in many industries. Two such industries that investors should keep in mind are medical equipment and clean energy. For example, platinum-based fuel cells can be a more cost-effective, clean, and reliable alternative to diesel.
But this is a long-term play. The fund is flat for the year and it’s also flat when you widen out to view performance over the last five years. Currently, the fund has approximately $583 million of assets under management with an expense ratio of 0.60%.
About Aberdeen Standard Physical Platinum Shares ETF
The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.
- Current Price
- $86.08
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
