Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sets New 1-Year High at $33.85

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) reached a new 52-week high during trading on Thursday . The company traded as high as $33.85 and last traded at $33.85, with a volume of 16496 shares traded. The stock had previously closed at $33.64.

Putnam Sustainable Leaders ETF Stock Performance

The stock has a market cap of $554.46 million, a PE ratio of 29.28 and a beta of 1.02. The company’s 50-day moving average price is $32.41 and its 200 day moving average price is $31.62.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Putnam Sustainable Leaders ETF stock. Putnam Investments LLC boosted its position in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,468,341 shares of the company’s stock after purchasing an additional 552,442 shares during the period. Putnam Investments LLC owned about 108.70% of Putnam Sustainable Leaders ETF worth $419,163,000 as of its most recent filing with the Securities & Exchange Commission.

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.