Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Stock Price Down 0.1% – Should You Sell?

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM)’s stock price was down 0.1% on Thursday . The stock traded as low as $21.95 and last traded at $22.01. Approximately 3,978 shares were traded during trading, an increase of 9% from the average daily volume of 3,654 shares. The stock had previously closed at $22.03.

Putnam PanAgora ESG Emerging Markets Equity ETF Price Performance

The firm has a 50-day moving average of $22.74 and a 200-day moving average of $21.98. The stock has a market cap of $28.17 million, a PE ratio of 12.63 and a beta of 0.89.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC purchased a new position in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,624 shares of the company’s stock, valued at approximately $2,340,000. Jane Street Group LLC owned about 7.86% of Putnam PanAgora ESG Emerging Markets Equity ETF at the end of the most recent quarter.

Putnam PanAgora ESG Emerging Markets Equity ETF Company Profile

The PortfolioPlus Emerging Markets ETF (PPEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of any capitalization located in emerging markets. Selected companies are perceived to possess positive environmental, social, and governance criteria.