Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sets New 52-Week High – Time to Buy?

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $35.00 and last traded at $35.00, with a volume of 36911 shares trading hands. The stock had previously closed at $34.95.

Putnam Sustainable Leaders ETF Trading Up 0.1 %

The stock has a market cap of $573.30 million, a PE ratio of 29.28 and a beta of 1.02. The business has a 50-day moving average price of $33.99 and a 200-day moving average price of $32.88.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Putnam Sustainable Leaders ETF stock. Bond & Devick Financial Network Inc. acquired a new stake in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 16,403 shares of the company’s stock, valued at approximately $555,000. Bond & Devick Financial Network Inc. owned about 0.10% of Putnam Sustainable Leaders ETF as of its most recent filing with the SEC.

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.