Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Shares Down 0.1% – Time to Sell?

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM)’s stock price traded down 0.1% during mid-day trading on Thursday . The company traded as low as $21.95 and last traded at $22.01. 3,978 shares were traded during trading, an increase of 9% from the average session volume of 3,654 shares. The stock had previously closed at $22.03.

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Performance

The stock has a market capitalization of $28.17 million, a P/E ratio of 12.63 and a beta of 0.89. The stock has a 50 day moving average of $22.74 and a 200 day moving average of $21.98.

Institutional Investors Weigh In On Putnam PanAgora ESG Emerging Markets Equity ETF

An institutional investor recently bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC bought a new stake in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 100,624 shares of the company’s stock, valued at approximately $2,340,000. Jane Street Group LLC owned approximately 7.86% of Putnam PanAgora ESG Emerging Markets Equity ETF as of its most recent SEC filing.

About Putnam PanAgora ESG Emerging Markets Equity ETF

The PortfolioPlus Emerging Markets ETF (PPEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of any capitalization located in emerging markets. Selected companies are perceived to possess positive environmental, social, and governance criteria.