abrdn Platinum ETF Trust
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
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PART II
The Trust’s Shares have been listed on the NYSE Arca under the symbol PPLT since its initial public offering on January 8, 2010. The following tables set out the range of high and low closing prices for the Shares as reported for NYSE Arca transactions for each of the quarters during the years ended December 31, 2024 and 2023:
| Fiscal Year Ended December 31, 2024: Quarter Ended | ||
|---|---|---|
| High | Low | |
| March 31, 2024 | $91.39 | $80.10 |
| June 30, 2024 | $100.00 | $82.25 |
| September 30, 2024 | $94.81 | $82.58 |
| December 31, 2024 | $96.38 | $82.35 |
| Fiscal Year Ended December 31, 2023: Quarter Ended | ||
|---|---|---|
| High | Low | |
| March 31, 2023 | $101.09 | $84.34 |
| June 30, 2023 | $103.91 | $82.94 |
| September 30, 2023 | $90.85 | $81.81 |
| December 31, 2023 | $92.48 | $78.01 |
The number of outstanding Shares of the Trust as of February 26, 2025 was 11,900,000.
Monthly Share Price
The following table sets forth, for each of the most recent six months, the high and low closing prices of the Shares, as reported for NYSE Arca transactions.
| Month | High | Low |
|---|---|---|
| August 2024 | $89.79 | $83.26 |
| September 2024 | $93.07 | $82.58 |
| October 2024 | $96.38 | $86.63 |
| November 2024 | $92.13 | $84.69 |
| December 2024 | $87.87 | $82.35 |
| January 2025 | $89.90 | $83.80 |
Issuer Purchase of Equity Securities
The Trust issues and redeems Shares only with Authorized Participants in exchange for platinum, only in aggregations of 50,000 Shares or integral multiples thereof. A list of current Authorized Participants is available from the Sponsor or the Trustee and is included in Item 7 of this report. Although the Trust does not purchase Shares directly from its Shareholders in connection with the redemption of Baskets, the Trust redeemed as follows during the years ended December 31, 2024 and 2023:
| Month | Total number of Shares redeemed | Average ounces of platinum per Share |
|---|---|---|
| January 2024 | 50,000 | 0.092 |
| February 2024 | 200,000 | 0.092 |
| March 2024 | 150,000 | 0.092 |
| April 2024 | — | — |
| May 2024 | 100,000 | 0.092 |
| June 2024 | 300,000 | 0.092 |
| July 2024 | 50,000 | 0.092 |
| August 2024 | 50,000 | 0.092 |
| September 2024 | 300,000 | 0.092 |
| October 2024 | — | — |
| November 2024 | — | — |
| December 2024 | — | — |
| Total | 1,200,000 | 0.092 |
| Month | Total number of Shares redeemed | Average ounces of platinum per Share |
|---|---|---|
| January 2023 | 400,000 | 0.092 |
| February 2023 | 350,000 | 0.092 |
| March 2023 | 350,000 | 0.092 |
| April 2023 | 250,000 | 0.092 |
| May 2023 | 50,000 | 0.092 |
| June 2023 | 150,000 | 0.092 |
| July 2023 | 150,000 | 0.092 |
| August 2023 | 250,000 | 0.092 |
| September 2023 | 50,000 | 0.092 |
| October 2023 | 150,000 | 0.092 |
| November 2023 | — | — |
| December 2023 | — | — |
| Total | 2,150,000 | 0.092 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.