PPLT Market Cap History Table | ||||
Also see: PPLT Shares Outstanding History and PPLT YTD Return |
PPLT Market Cap History Table | ||||
Also see: PPLT Shares Outstanding History and PPLT YTD Return |
PPLT Market Cap History Chart | |||
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PPLT Stock Price Chart |
About Abrdn Platinum ETF Trust |
Abrdn Platinum ETF Trust is an investment trust. Co. holds platinum bullion and issues Aberdeen Standard Physical platinum Shares ETF (the Shares) (in minimum blocks of Shares, also referred to as Baskets) in exchange for deposits of platinum and distributes platinum in connection with redemption of Baskets. The investment objective of Co. is for the Shares to reflect the performance of the price of platinum, less its expenses and liabilities. Co. is designed to provide an individual owner of beneficial interests in the Shares an opportunity to participate in the platinum market through an investment in securities. We show 1 historical shares outstanding datapoints in our PPLT shares outstanding history coverage, used to compute PPLT market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing PPLT market cap history over the course of time is important for investors interested in comparing PPLT's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of PPLT versus a peer is one thing; comparing PPLT market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like PPLT can fluctuate over the course of history. With this page we aim to empower investors researching PPLT by allowing them to research the PPLT market cap history. |
PPLT Current Stock Quote |
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Video: The Importance of Market Cap | |
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PPLT Share Performance |
Market Cap Peers |
Aberdeen Standard Platinum ETF Trust (PPLT) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
PPT Market Cap History |
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