Abrdn Platinum Etf Trust [PPLT]

Source: 

Company Overview

The purpose of theAberdeen Standard Platinum ETF Trust (the Trust) is to own platinum transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in and ownership of the Trust. The assets of the Trustconsist solely of platinum bullion. The Trust was formed on December 30, 2009 when an initial deposit of platinum was made in exchange for the issuance of two Baskets (a Basket consists of 50,000 Shares).