Short Interest in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Decreases By 97.7%

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 73 shares, a decrease of 97.7% from the February 26th total of 3,200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,672 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 2,672 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Performance

NYSEARCA PPEM traded down $0.21 during trading on Tuesday, hitting $18.88. The stock had a trading volume of 147 shares, compared to its average volume of 26,531. Putnam PanAgora ESG Emerging Markets Equity ETF has a one year low of $18.45 and a one year high of $32.10. The stock has a 50 day simple moving average of $24.96 and a 200 day simple moving average of $26.59. The stock has a market capitalization of $37.76 million, a price-to-earnings ratio of 15.43 and a beta of 0.71.

Putnam PanAgora ESG Emerging Markets Equity ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 20th were issued a $9.95 dividend. The ex-dividend date was Friday, February 20th.

Hedge Funds Weigh In On Putnam PanAgora ESG Emerging Markets Equity ETF

A number of large investors have recently bought and sold shares of the business. Cetera Investment Advisers bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF in the 4th quarter valued at $267,000. Citadel Advisors LLC bought a new stake in shares of Putnam PanAgora ESG Emerging Markets Equity ETF during the third quarter worth $553,000. Jane Street Group LLC purchased a new stake in shares of Putnam PanAgora ESG Emerging Markets Equity ETF during the first quarter valued at $4,296,000. Finally, Franklin Resources Inc. boosted its stake in shares of Putnam PanAgora ESG Emerging Markets Equity ETF by 11.4% during the second quarter. Franklin Resources Inc. now owns 1,869,425 shares of the company’s stock valued at $46,076,000 after purchasing an additional 191,722 shares during the period.

Putnam PanAgora ESG Emerging Markets Equity ETF Company Profile

The PortfolioPlus Emerging Markets ETF (PPEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of any capitalization located in emerging markets. Selected companies are perceived to possess positive environmental, social, and governance criteria. PPEM was launched on Jan 19, 2023 and is managed by Putnam.