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

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw strong trading volume on Friday . Approximately 34,558 shares were traded during trading, an increase of 20% from the previous session’s volume of 28,848 shares.The stock last traded at $34.59 and had previously closed at $34.52.

Putnam Sustainable Leaders ETF Stock Down 0.9 %

The stock has a market cap of $563.00 million, a P/E ratio of 29.28 and a beta of 1.02. The business’s 50-day simple moving average is $34.19 and its two-hundred day simple moving average is $33.53.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

A number of large investors have recently modified their holdings of PLDR. PNC Financial Services Group Inc. purchased a new stake in shares of Putnam Sustainable Leaders ETF in the 4th quarter valued at about $29,000. Bond & Devick Financial Network Inc. bought a new position in shares of Putnam Sustainable Leaders ETF in the third quarter worth approximately $555,000. Bailard Inc. raised its stake in Putnam Sustainable Leaders ETF by 3.1% in the fourth quarter. Bailard Inc. now owns 64,020 shares of the company’s stock valued at $2,134,000 after purchasing an additional 1,912 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in Putnam Sustainable Leaders ETF by 9.8% during the third quarter. Franklin Resources Inc. now owns 17,728,436 shares of the company’s stock valued at $608,263,000 after purchasing an additional 1,578,080 shares during the last 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.