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Abrdn Platinum ETF Completes 10-for-1 Split

Abrdn Platinum ETF Trust (PPLT) completed a 10-for-1 share split on NYSE Arca. Shares increased to 137 million, NAV per share adjusted to $17.86.

William Thomas
ByWilliam Thomas- Senior Editor
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Abrdn Platinum ETF Trust (PPLT) completed a 10-for-1 forward share split on NYSE Arca. Each pre-split share was exchanged for ten post-split shares.

The number of shares increased from 13.7 million to 137 million. The net asset value (NAV) per share decreased from $178.62 to $17.86.

The ETF has returned 98% over the past year and 28% over the last six months. However, shares fell 7.6% in the past week to $17.84.

The ticker symbol and CUSIP remain unchanged. The information is based on a press release in the SEC filing.

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