Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Stock Price Up 0.1% – What’s Next?

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR)’s stock price rose 0.1% on Thursday . The company traded as high as $36.71 and last traded at $36.68. Approximately 1,282 shares were traded during trading, a decline of 99% from the average daily volume of 219,137 shares. The stock had previously closed at $36.65.

Putnam Sustainable Leaders ETF Stock Up 0.1%

The stock has a market cap of $4.40 million, a P/E ratio of 28.96 and a beta of 1.07. The business’s 50-day simple moving average is $35.19 and its two-hundred day simple moving average is $36.30.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its position in shares of Putnam Sustainable Leaders ETF by 6.8% in the fourth quarter. Franklin Resources Inc. now owns 23,322,468 shares of the company’s stock valued at $867,845,000 after acquiring an additional 1,491,920 shares during the period. Royal Bank of Canada bought a new position in shares of Putnam Sustainable Leaders ETF in the fourth quarter valued at approximately $728,000. Citadel Advisors LLC boosted its position in shares of Putnam Sustainable Leaders ETF by 232.9% in the third quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock valued at $756,000 after acquiring an additional 14,733 shares during the period. Bond & Devick Financial Network Inc. boosted its position in shares of Putnam Sustainable Leaders ETF by 14.6% in the third quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock valued at $1,520,000 after acquiring an additional 5,389 shares during the period. Finally, Bailard Inc. boosted its position in shares of Putnam Sustainable Leaders ETF by 3.6% in the third quarter. Bailard Inc. now owns 62,652 shares of the company’s stock valued at $2,248,000 after acquiring an additional 2,149 shares during the period.

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. PLDR was launched on May 25, 2021 and is managed by Putnam.