Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Trading Down 0.4%

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares fell 0.4% during trading on Wednesday . The company traded as low as $29.41 and last traded at $29.41. 16,812 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 50,217 shares. The stock had previously closed at $29.53.

Putnam Sustainable Leaders ETF Price Performance

The business has a 50 day moving average price of $30.12 and a 200 day moving average price of $27.66. The stock has a market capitalization of $473.72 million, a PE ratio of 28.39 and a beta of 1.01.

Institutional Investors Weigh In On Putnam Sustainable Leaders ETF

An institutional investor recently raised its position in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC lifted its position in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,468,341 shares of the company’s stock after buying an additional 552,442 shares during the period. Putnam Investments LLC owned approximately 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.