Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Stock Price Up 0.6% – Time to Buy?

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) traded up 0.6% during trading on Tuesday . The stock traded as high as $24.11 and last traded at $24.11. 12,006 shares changed hands during trading, an increase of 155% from the average session volume of 4,699 shares. The stock had previously closed at $23.97.

Putnam PanAgora ESG Emerging Markets Equity ETF Trading Up 0.6%

The company has a market capitalization of $47.74 million, a P/E ratio of 14.99 and a beta of 0.65. The company has a 50 day moving average price of $22.07 and a 200 day moving average price of $21.77.

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

A hedge fund recently bought a new stake in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC acquired a new position in shares of Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 199,537 shares of the company’s stock, valued at approximately $4,296,000. Jane Street Group LLC owned 10.08% of Putnam PanAgora ESG Emerging Markets Equity ETF as of its most recent SEC filing.

About Putnam PanAgora ESG Emerging Markets Equity ETF

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.