Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Unusually-High Trading Volume

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares saw unusually-strong trading volume on Thursday . Approximately 37,310 shares changed hands during mid-day 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 Price Performance

The firm has a 50 day simple moving average of $31.22 and a two-hundred day simple moving average of $29.68. The stock has a market cap of $530.38 million, a price-to-earnings ratio of 29.28 and a beta of 1.02.

Institutional Investors Weigh In On Putnam Sustainable Leaders ETF

A hedge fund recently raised its stake in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC lifted its holdings in shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% during the fourth 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 purchasing an additional 552,442 shares during the quarter. Putnam Investments LLC owned 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 at the end of the most recent 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.