Castle Wealth Management LLC Makes New $481,000 Investment in Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX)

Castle Wealth Management LLC acquired a new position in shares of Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) during the fourth quarter, Holdings Channel reports. The fund acquired 9,344 shares of the company’s stock, valued at approximately $481,000. Castle Wealth Management LLC owned about 0.06% of Putnam Emerging Markets ex-China ETF at the end of the most recent reporting period.

Separately, B&L Asset Management LLC bought a new stake in shares of Putnam Emerging Markets ex-China ETF during the 3rd quarter worth $259,000.

Putnam Emerging Markets ex-China ETF Price Performance

NYSEARCA PEMX opened at $51.69 on Thursday. The stock has a market capitalization of $7.75 million, a price-to-earnings ratio of 19.83 and a beta of 0.98. Putnam Emerging Markets ex-China ETF has a one year low of $45.90 and a one year high of $58.16. The business’s fifty day moving average is $52.97 and its 200-day moving average is $53.79.

Putnam Emerging Markets ex-China ETF Profile

The Putnam Emerging Markets ex-China ETF (PEMX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that pursues alpha over a full market cycle through fundamental research in emerging markets, excluding China. The fund targets a portfolio comprised of value and/or growth stocks.