ETFPLD - 1nvest Palladium ETF
The 1nvest Palladium ETF (ETFPLD) is a palladium-linked exchange-traded fund evidenced by debentures issued by 1nvest ETF Issuer (RF) Limited. The aim of ETFPLD is to provide investors exposure linked to the rand performance of the underlying commodity of palladium. ETFPLD is fully backed by the physical commodity, approximately equivalent to 1/100 ounces of palladium and the value of the ETF is expected to rise or fall in accordance with the fluctuations in the rand price of the commodity. The 1nvest Palladium ETF is inward listed but classified as a domestic investment; as such, investment in the instrument does not affect the relative foreign exposure limits applicable to institutional investors and authorized dealers.
1nvest ETF Issuer (RF) Limited is a special purpose vehicle, which in terms of its Memorandum of Incorporation, has the sole purpose of conducting the business of exchange-traded funds by issuing debentures which are fully backed by the applicable physical commodity. The company is managed by Standard Bank of South Africa Limited, with Maitland Group South Africa Limited acting as an independent fund manager. However, in order to meet its operating expenses, 1nvest charges an annual fee of 0.35% (excluding VAT) of the value of the palladium held in custody.
1nvest Palladium ETF is listed on the Johannesburg Stock Exchange (JSE). 1nvest Palladium ETF is traded on the JSE under the ticker symbol “ETFPLD”. The International Securities Identification Number (ISIN) of JSE:ETFPLD is ZAE000182531. 1nvest Palladium ETF is currently the 374th most valuable stock on the JSE with a market capitalization of ZAR 46.7 million, which makes about 0.0002% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 156.07 |
| Day’s High Price | 161.40 |
| Traded Volume | 26 |
| Number of Deals | 2 |
| Gross Turnover | 4,169.75 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 295,050 |
| Market Capitalization | 46.7M |
ETFPLD Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.75% | -6.41% | -9.47% |
| 6MO | 1YR | YTD |
|---|---|---|
| -8.82% | -27.4% | -20.9% |
The current share price of 1nvest Palladium ETF (ETFPLD) is ZAR 158.18. ETFPLD closed its last trading day (Friday, July 26, 2024) at 158.18 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1% drop from its previous closing price of 159.80 ZAR. 1nvest Palladium ETF began the year with a share price of 200.00 ZAR but has since lost 20.9% off that price valuation, ranking it 357th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ETFPLD has lost 6% of the stock’s value from June 28th to date.
1nvest Palladium ETF is the 254th most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 26 - Jul 26, 2024). ETFPLD has traded a total volume of 1.75 million shares—in 200 deals—valued at ZAR 269 million over the period, with an average of 27,803 traded shares per session. A volume high of 1.68 million was achieved on June 18th for the same period. The table below details the last 10 trading days of activity of 1nvest Palladium ETF on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-07-26 | 26 | 158.18 | -1.62 | -1.01% |
| 2024-07-25 | 69 | 159.80 | -6.28 | -3.78% |
| 2024-07-24 | 14 | 166.08 | +2.10 | +1.28% |
| 2024-07-23 | 20 | 163.98 | +5.97 | +3.78% |
| 2024-07-22 | 686 | 158.01 | -2.99 | -1.86% |
| 2024-07-19 | 176 | 161.00 | -2.81 | -1.72% |
| 2024-07-18 | 2 | 163.81 | -2.36 | -1.42% |
| 2024-07-16 | 475 | 166.17 | -2.44 | -1.45% |
| 2024-07-15 | 118 | 168.61 | -5.08 | -2.92% |
| 2024-07-11 | 8 | 173.69 |
Profile of 1nvest ETF Issuer (RF) Limited
1nvest ETF Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of 1nvest ETF Issuer (RF) Limited
- Sector
- Financials
- Industry
- Investment Services
- Address
- 17 Melrose Boulevard, Melrose Arch 2196, Johannesburg, South Africa
- Telephone
- +27-11-415-5000, +27-11-448-6000
- info@1nvest.co.za
- Website
- www.1nvest.co.za
ETFPLD Industrial Market Competitors
1nvest ETF Issuer (RF) Limited, issuers of the ETFPLD, 1nvest S&P 500 IT ETF (+21.12%), 1nvest Gold ETF (+13.52%), 1nvest S&P 500 Index ETF (+12.39%), 1nvest MSCI World ETF (+9.76%), 1nvest SA Property ETF (+9.03%), 1nvest MSCI EM Asia ETF (+8.41%), 1nvest SWIX 40 ETF (+6.66%), 1nvest TOP 40 ETF (+5.28%), 1nvest Rhodium ETF (+3.44%) and 1nvest MSCI World SRI ETF (+3.2%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| 4SI | 4Sight Holdings Limited | 417M | 0.78 | +56% |
| AIL | African Rainbow Cap Inv | 9.65B | 6.39 | +30.7% |
| MHB | Mahube Infrastructure Limited | 273M | 4.95 | +22.5% |
| SYFANG | Sygnia Itrix FANG.AI Actively Managed ETF | 567M | 13.80 | +19.5% |
| STXNDA | Satrix MSCI India Feeder ETF | 827M | 94.06 | +17.6% |
| BRN | Brimstone Inv Corp Ltd-N | 1.24B | 5.51 | +13.6% |
| GLD | New Gold Issuer Limited | 20.6B | 404.14 | +13.6% |
| STX500 | Satrix S&P 500 Feeder | 6.51B | 104.64 | +12.9% |
| CSP500 | 10X S&P 500 ETF | 2.44B | 100.40 | +12.2% |
| SYG500 | Sygnia Itrix S&P 500 ETF | 6.43B | 100.72 | +11.7% |