Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Shares Down 0% – Here’s Why

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares were down 0% during trading on Friday . The stock traded as low as $39.00 and last traded at $39.00. Approximately 40 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 154,806 shares. The stock had previously closed at $39.01.

Putnam Sustainable Leaders ETF Stock Performance

The company has a market cap of $4.68 million, a PE ratio of 28.96 and a beta of 1.07. The firm has a fifty day simple moving average of $36.49 and a 200 day simple moving average of $36.61.

Institutional Trading of Putnam Sustainable Leaders ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada purchased a new stake in shares of Putnam Sustainable Leaders ETF during the 4th quarter worth about $728,000. Franklin Resources Inc. grew its holdings in shares of Putnam Sustainable Leaders ETF by 6.8% during the 4th quarter. Franklin Resources Inc. now owns 23,322,468 shares of the company’s stock worth $867,845,000 after purchasing an additional 1,491,920 shares during the period. Bailard Inc. grew its holdings in shares of Putnam Sustainable Leaders ETF by 1.8% during the 4th quarter. Bailard Inc. now owns 63,803 shares of the company’s stock worth $2,374,000 after purchasing an additional 1,151 shares during the period. Citadel Advisors LLC grew its holdings in shares of Putnam Sustainable Leaders ETF by 232.9% during the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after purchasing an additional 14,733 shares during the period. Finally, Bond & Devick Financial Network Inc. grew its holdings in shares of Putnam Sustainable Leaders ETF by 14.6% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock worth $1,520,000 after purchasing an additional 5,389 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.