GLTR Stock Summary and Trading Ideas (Abrdn Physical Precious Metals Basket Shares ETF | ARCA:GLTR)

abrdn Physical Precious Metals Basket Shares ETF ("the Shares") are issued by Aberdeen Standard Precious Metals Basket ETF Trust ("the Trust"). The investment objective of the Trust is for the Shares to reflect the performance of the price of a basket of gold, silver, platinum and palladium bullion, less the expenses of the Trusts operations. The Shares are designed for investors who want a cost effective and convenient way to invest in physically-backed precious metals.

Abrdn Physical Precious Metals Basket Shares ETF trades on the ARCA stock market under the symbol GLTR.

As of April 19, 2024, GLTR stock price climbed to $104.23 with 15,271 million shares trading.

GLTR has a beta of 0.19, meaning it tends to be less sensitive to market movements. GLTR has a correlation of 0.02 to the broad based SPY ETF.

GLTR has a market cap of $1.04 billion. This is considered a Small Cap stock.

In the last 3 years, GLTR stock traded as high as $107.47 and as low as $77.57.

GLTR stock has underperformed the market in the last year with a return of +10.3%, while SPY returned +21.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GLTR shares. However, GLTR has outperformed the market in the last 3 month and 2 week periods, returning +18.9% and +4.9%, while SPY returned +4.3% and -3.4%, respectively. This indicates GLTR has been having a stronger performance recently.

GLTR support price is $102.34 and resistance is $104.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GLTR stock will trade within this expected range on the day.