Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Strong Trading Volume – Here’s What Happened

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw an uptick in trading volume on Monday . 30,407 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 31,251 shares.The stock last traded at $37.49 and had previously closed at $37.44.

Putnam Sustainable Leaders ETF Price Performance

The company has a fifty day moving average price of $36.45 and a two-hundred day moving average price of $34.82. The firm has a market cap of $854.69 million, a price-to-earnings ratio of 28.96 and a beta of 1.06.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bailard Inc. increased its holdings in shares of Putnam Sustainable Leaders ETF by 3.5% in the 2nd quarter. Bailard Inc. now owns 60,503 shares of the company’s stock valued at $2,043,000 after purchasing an additional 2,022 shares during the period. Bond & Devick Financial Network Inc. boosted its holdings in shares of Putnam Sustainable Leaders ETF by 6.1% during the second quarter. Bond & Devick Financial Network Inc. now owns 36,985 shares of the company’s stock worth $1,249,000 after purchasing an additional 2,128 shares during the period. Elevation Capital Advisory LLC purchased a new position in Putnam Sustainable Leaders ETF during the second quarter valued at approximately $230,000. Citadel Advisors LLC grew its position 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 purchasing an additional 14,733 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Putnam Sustainable Leaders ETF by 4.0% in the 3rd quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock valued at $783,263,000 after buying an additional 831,613 shares during the period.

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.