Palladium ETF Crosses $500 In AUM

The ETFS Physical Palladium Shares PALL, currently the only ETF backed by physical palladium available to U.S. investors, now has over $500 million in assets under management. That asset haul is impressive considering PALL made its debut in January of this year. The $50 million mark is often considered a success for an ETF in its first year of trading. Issuer ETF Securities, which also issues the ETFS Physical Platinum Shares PPLT, the ETFS Physical Swiss Gold Shares SGOL and the ETFS Physical Silver Shares. Combined with PALL, those funds have $2.3 billion in assets under management. PALL has gained 30% since its debut.