Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Strong Trading Volume

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares saw unusually-strong trading volume on Thursday . Approximately 37,310 shares changed hands during trading, a decline of 10% from the previous session’s volume of 41,360 shares.The stock last traded at $32.57 and had previously closed at $32.54.

Putnam Sustainable Leaders ETF Stock Up 0.1 %

The stock has a market capitalization of $533.50 million, a price-to-earnings ratio of 29.28 and a beta of 1.02. The company’s 50-day moving average is $31.09 and its 200-day moving average is $29.62.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC boosted its stake in shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,468,341 shares of the company’s stock after buying an additional 552,442 shares during the quarter. Putnam Investments LLC owned 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 as of its most recent SEC filing.

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.