Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Unusually-High Trading Volume

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw an uptick in trading volume on Wednesday . 50,952 shares were traded during mid-day trading, an increase of 30% from the previous session’s volume of 39,331 shares.The stock last traded at $32.93 and had previously closed at $32.79.

Putnam Sustainable Leaders ETF Price Performance

The stock has a market capitalization of $541.36 million, a price-to-earnings ratio of 29.28 and a beta of 1.02. The company’s 50-day simple moving average is $32.36 and its 200-day simple moving average is $31.04.

Institutional Inflows and Outflows

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

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.