Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Large Volume Increase – Here’s What Happened

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares saw unusually-high trading volume on Tuesday . Approximately 35,802 shares were traded during trading, an increase of 13% from the previous session’s volume of 31,705 shares.The stock last traded at $35.9560 and had previously closed at $36.59.

Putnam Sustainable Leaders ETF Trading Down 1.0%

The stock’s 50 day moving average is $36.25 and its two-hundred day moving average is $34.48. The stock has a market capitalization of $817.89 million, a price-to-earnings ratio of 28.96 and a beta of 1.06.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PLDR. Franklin Resources Inc. raised its position in shares of Putnam Sustainable Leaders ETF by 4.0% in the 3rd quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock valued at $783,263,000 after buying an additional 831,613 shares in the last quarter. Citadel Advisors LLC increased its position in Putnam Sustainable Leaders ETF by 232.9% in the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock valued at $756,000 after buying an additional 14,733 shares in the last quarter. Elevation Capital Advisory LLC acquired a new stake in shares of Putnam Sustainable Leaders ETF in the 2nd quarter worth about $230,000. Bond & Devick Financial Network Inc. grew its stake in shares of Putnam Sustainable Leaders ETF by 14.6% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock worth $1,520,000 after acquiring an additional 5,389 shares in the last quarter. Finally, Bailard Inc. increased its position in shares of Putnam Sustainable Leaders ETF by 3.6% during the 3rd quarter. Bailard Inc. now owns 62,652 shares of the company’s stock valued at $2,248,000 after purchasing an additional 2,149 shares during the last quarter.

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.