Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Shares Climb 0.1% – Here’s What Happened

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shot up 0.1% on Thursday. The stock traded as high as $37.89 and last traded at $37.8890. Approximately 1,954 shares changed hands during trading, a decline of 99% from the average session volume of 145,445 shares. The stock had previously closed at $37.84.

Putnam Sustainable Leaders ETF Stock Up 0.1%

The stock has a fifty day moving average of $37.86 and a 200-day moving average of $37.24. The stock has a market capitalization of $4.55 million, a price-to-earnings ratio of 28.96 and a beta of 1.06.

Institutional Trading of Putnam Sustainable Leaders ETF

A hedge fund recently raised its position in Putnam Sustainable Leaders ETF stock. Franklin Resources Inc. lifted its stake in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,322,468 shares of the company’s stock after buying an additional 1,491,920 shares during the period. Franklin Resources Inc. owned approximately 103.43% of Putnam Sustainable Leaders ETF worth $867,845,000 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. PLDR was launched on May 25, 2021 and is managed by Putnam.