Platinum ETF PLTM 8OC WEEKLY triggers buy last weekPlatinum prices surged higher today as did all precious metals. My weekly 8oc indicator triggered a buy signal last week when the 8MA close ended the week above the 8MA open. Signals are only valid at the end of each price bar because they can move back and forth during the price bar but that would
Key stats
About GraniteShares Platinum Shares ETF
Home page
Inception date
Jan 22, 2018
Structure
Grantor Trust
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
Foreside Fund Services LLC
PLTM invests directly in physical platinum stored in a London vault and custodied by ICBC Standard Bank. The structure of a grantor trust protects investors since trustees cannot lend the platinum bars. Since PLTM holds physical platinum bars, investors can expect the fund to track the price of spot platinum closely. Moreover, the fund provides exposure that is essentially identical to established competitors such as PPLT. Like all physically held precious metals funds, any long-term gains will result in noteworthy tax liabilities, since PLTM is considered a collectible. NAV is determined using the LBMA Platinum Price PM, so expect a close relationship with spot prices.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Metals with potentialDuring the devaluation of the world currencies, gold has been showing a typical stable growth (yellow). Silver acts hyperbolic as it is the more volatile asset with a high risk being overvalued currently (gray). Platinum shows a strong candidate of being undervalued; it is the rarest metal with a st
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PLTM trades at 10.46 USD today, its price has fallen −0.19% in the past 24 hours. Track more dynamics on PLTM price chart.
PLTM net asset value is 10.49 today — it's risen 9.86% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PLTM assets under management is 60.14 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PLTM price has risen by 9.21% over the last month, and its yearly performance shows a 3.05% increase. See more dynamics on PLTM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.86% over the last month, showed a 13.56% increase in three-month performance and has increased by 5.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.86% over the last month, showed a 13.56% increase in three-month performance and has increased by 5.61% in a year.
PLTM fund flows account for 12.37 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PLTM expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PLTM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PLTM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PLTM shows the strong buy signal. See more of PLTM technicals for a more comprehensive analysis.
Today, PLTM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PLTM shows the strong buy signal. See more of PLTM technicals for a more comprehensive analysis.
No, PLTM doesn't pay dividends to its holders.
PLTM trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PLTM shares are issued by GraniteShares, Inc.
PLTM follows the Platinum London PM Fix ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 22, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.