Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Large Volume Increase – Still a Buy?

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares saw strong trading volume on Wednesday . 47,327 shares changed hands during trading, an increase of 13% from the previous session’s volume of 41,957 shares.The stock last traded at $33.85 and had previously closed at $34.01.

Putnam Sustainable Leaders ETF Stock Performance

The firm’s 50-day moving average price is $33.81 and its two-hundred day moving average price is $32.68. The firm has a market cap of $562.00 million, a PE ratio of 29.28 and a beta of 1.02.

Institutional Trading of Putnam Sustainable Leaders ETF

An institutional investor recently bought a new position in Putnam Sustainable Leaders ETF stock. Bond & Devick Financial Network Inc. bought a new stake in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,403 shares of the company’s stock, valued at approximately $555,000. Bond & Devick Financial Network Inc. owned 0.10% of Putnam Sustainable Leaders ETF 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.