CSIMarket
 
Abrdn Precious Metals Basket Etf Trust  (GLTR)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $94.6900 $0.32 0.339%
Day's High: $95.275 Week Perf: 0.37 %
Day's Low: $ 94.62 30 Day Perf: 9.89 %
Volume (M): 13 52 Wk High: $ 96.05
Volume (M$): $ 1,259 52 Wk Avg: $89.11
Open: $94.69 52 Wk Low: $80.99



 Market Capitalization (Millions $) 1,047
 Shares Outstanding (Millions) 11
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 46
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Abrdn Precious Metals Basket Etf Trust
Abrdn Precious Metals Basket Etf Trust is an investment trust that allows investors to gain exposure to a diversified portfolio of precious metals. It invests in a basket of precious metals, including gold, silver, platinum, and palladium, as well as other related instruments such as futures contracts and exchange-traded funds.

The ETF aims to provide investors with a convenient and cost-effective way to invest in precious metals, without the need to buy and store physical metals. It offers transparency and liquidity, as it is listed on a stock exchange and can be bought and sold like any other publicly traded security.

Investors can benefit from the potential price appreciation of precious metals, which are often considered a safe-haven asset and a hedge against inflation. The ETF is designed to track the performance of the underlying precious metals index, allowing investors to participate in the market movements of these metals.

Overall, Abrdn Precious Metals Basket Etf Trust offers a straightforward and accessible means for investors to gain exposure to a diversified basket of precious metals, providing potential diversification and protection in their investment portfolios.


   Company Address: 1900 Market Street Philadelphia 19103 PA
   Company Phone Number: 383-7289   Stock Exchange / Ticker: NYSEArca GLTR
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Abrdn Precious Metals Basket Etf Trust

Abrdn Precious Metals Basket ETF Trust Sees Promising Progress in Q3 2023 Earnings Season

The Abrdn Precious Metals Basket ETF Trust is a financial entity that operates in the exchange-traded funds (ETF) industry. Throughout the reporting cycle between July and September 30, 2023, there have been no major changes assumed at the business. However, investors have been closely monitoring the company's operating shortfall, which stood at $-1.484 million during the same time period.
Comparing these figures to the results of the third quarter of 2022, where the operating shortfall was $-1.52 million, there has been a slight improvement. This improvement is a crucial indicator for the future trajectory of the Abrdn Precious Metals Basket ETF Trust. As small businesses like GLTR, which is a component of the trust, strive to develop their revenue sources, it becomes increasingly important for them to operate in a cost-effective manner in order to achieve long-term success.

Abrdn Precious Metals Basket Etf Trust

Abrdn Precious Metals Basket Etf Trust Shows Remarkable Progress Despite Operating Deficit in First Quarter of 2022

The Investment Services industry consultants have recently begun to scrutinize the first quarter of 2022 performance, and all eyes are on the Abrdn Precious Metals Basket Etf Trust. Despite reporting an operating deficit of $-1.495 million, the company has demonstrated a significant improvement in their ability to conduct business more efficiently than in the previous year's corresponding interval. This is an excellent sign for the company, which has seen a significant slowdown in net profits, putting a bummer on the ruling morale.
The good news is that with a focus on improving their bottom-line, Abrdn Precious Metals Basket Etf Trust is expected to report next financial recent numbers on August 04, 2023. The Investment Services company's performance is measured primarily by the net income, which has fallen by -27.07 percent. However, this significant shortfall is due to multiple issues that the company is working on addressing.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com