Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Strong Trading Volume

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw unusually-high trading volume on Tuesday . Approximately 44,032 shares were traded during mid-day trading, an increase of 12% from the previous session’s volume of 39,265 shares.The stock last traded at $32.65 and had previously closed at $33.09.

Putnam Sustainable Leaders ETF Stock Down 0.4 %

The company has a market capitalization of $527.76 million, a P/E ratio of 29.28 and a beta of 1.02. The business has a 50 day moving average of $32.41 and a 200 day moving average of $31.29.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC lifted its position in shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,468,341 shares of the company’s stock after buying an additional 552,442 shares during the quarter. Putnam Investments LLC owned approximately 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 at the end of the most recent quarter.

Putnam Sustainable Leaders ETF Company Profile

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.