Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Stock Jumps 0.1% – Still a Buy?

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR – Get Free Report)’s share price shot up 0.1% during trading on Thursday. The company traded as high as $37.89 and last traded at $37.8890. Approximately 1,954 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 145,445 shares. The stock had previously closed at $37.84.

Putnam Sustainable Leaders ETF Stock Up 0.1%

The stock has a market capitalization of $4.55 million, a P/E ratio of 28.96 and a beta of 1.06. The business has a fifty day moving average price of $37.86 and a 200-day moving average price of $37.23.

Institutional Trading of Putnam Sustainable Leaders ETF

An institutional investor recently raised its stake in Putnam Sustainable Leaders ETF stock. Franklin Resources Inc. raised its stake in shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR – Free Report) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,322,468 shares of the company’s stock after buying an additional 1,491,920 shares during the period. Franklin Resources Inc. owned about 103.43% of Putnam Sustainable Leaders ETF worth $867,845,000 as of its most recent SEC filing.

Putnam Sustainable Leaders ETF Company Profile

(Get Free Report)

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. PLDR was launched on May 25, 2021 and is managed by Putnam.

Further Reading

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