Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Shares Up 0.1% – Here’s What Happened

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) rose 0.1% on Thursday . The company traded as high as $37.89 and last traded at $37.8890. 1,954 shares traded hands during 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 Price Performance

The stock has a market capitalization of $4.55 million, a price-to-earnings ratio of 28.96 and a beta of 1.06. The firm’s fifty day moving average is $37.84 and its 200-day moving average is $37.02.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

Large investors have recently modified their holdings of the stock. Citadel Advisors LLC raised its stake in Putnam Sustainable Leaders ETF by 232.9% during the third quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock valued at $756,000 after buying an additional 14,733 shares in the last quarter. Bailard Inc. increased its holdings in shares of Putnam Sustainable Leaders ETF by 1.8% in the 4th quarter. Bailard Inc. now owns 63,803 shares of the company’s stock valued at $2,374,000 after acquiring an additional 1,151 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Putnam Sustainable Leaders ETF by 6.8% during the 4th quarter. Franklin Resources Inc. now owns 23,322,468 shares of the company’s stock valued at $867,845,000 after acquiring an additional 1,491,920 shares in the last quarter. Finally, Royal Bank of Canada bought a new position in Putnam Sustainable Leaders ETF during the fourth quarter worth $728,000.

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