Putnam Sustainable Future ETF (NYSEARCA:PFUT) Shares Down 0.1%

Putnam Sustainable Future ETF (NYSEARCA:PFUT) shares fell 0.1% on Thursday . The company traded as low as $22.90 and last traded at $23.14. 18,595 shares were traded during mid-day trading, a decline of 20% from the average session volume of 23,344 shares. The stock had previously closed at $23.17.

Putnam Sustainable Future ETF Stock Up 0.8 %

The firm has a fifty day moving average price of $23.65 and a two-hundred day moving average price of $21.67. The stock has a market capitalization of $237.97 million, a P/E ratio of 28.57 and a beta of 1.16.

Institutional Trading of Putnam Sustainable Future ETF

An institutional investor recently raised its position in Putnam Sustainable Future ETF stock. Putnam Investments LLC grew its holdings in Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,360,824 shares of the company’s stock after purchasing an additional 334,905 shares during the quarter. Putnam Investments LLC owned approximately 112.51% of Putnam Sustainable Future ETF worth $204,088,000 at the end of the most recent reporting period.

About Putnam Sustainable Future ETF

The Putnam Sustainable Future ETF (PFUT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks capital appreciation by targeting US-listed companies with positive environmental, social, and economic development contributions measured by proprietary sustainability criteria.