Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Stock Price Down 0.4%

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) dropped 0.4% during trading on Wednesday . The company traded as low as $29.41 and last traded at $29.41. Approximately 16,812 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 50,217 shares. The stock had previously closed at $29.53.

Putnam Sustainable Leaders ETF Trading Down 0.4 %

The company has a market capitalization of $467.62 million, a P/E ratio of 28.39 and a beta of 1.01. The business has a 50 day moving average price of $30.10 and a 200 day moving average price of $27.60.

Institutional Trading of Putnam Sustainable Leaders ETF

A hedge fund recently raised its stake in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC increased its holdings in shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,468,341 shares of the company’s stock after purchasing an additional 552,442 shares during the quarter. Putnam Investments LLC owned 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 as of its most recent filing with the SEC.

About Putnam Sustainable Leaders ETF

The Putnam Sustainable Leaders ETF (PLDR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model.