Putnam Sustainable Future ETF (NYSEARCA:PFUT) Trading Down 0.8% – Should You Sell?

Shares of Putnam Sustainable Future ETF (NYSEARCA:PFUTGet Free Report) were down 0.8% during mid-day trading on Wednesday . The company traded as low as $25.04 and last traded at $25.13. Approximately 14,849 shares were traded during trading, a decline of 39% from the average daily volume of 24,356 shares. The stock had previously closed at $25.33.

Putnam Sustainable Future ETF Trading Down 0.8 %

The business’s fifty day simple moving average is $24.68 and its 200-day simple moving average is $24.26. The firm has a market cap of $264.62 million, a P/E ratio of 30.00 and a beta of 1.18.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Putnam Sustainable Future ETF stock. Sentinel Pension Advisors Inc. bought a new position in shares of Putnam Sustainable Future ETF (NYSEARCA:PFUTFree Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,305 shares of the company’s stock, valued at approximately $202,000. Sentinel Pension Advisors Inc. owned 0.08% of Putnam Sustainable Future ETF at the end of the most recent quarter.

About Putnam Sustainable Future ETF

(Get Free Report)

The Putnam Sustainable Future ETF (PFUT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that seeks capital appreciation by targeting US-listed companies with positive environmental, social, and economic development contributions measured by proprietary sustainability criteria.

Further Reading

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