Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Shares Up 0.2% – Should You Buy?

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as $24.74 and last traded at $24.74. 46 shares changed hands during trading, a decline of 99% from the average session volume of 4,602 shares. The stock had previously closed at $24.68.

Putnam PanAgora ESG Emerging Markets Equity ETF Trading Up 0.2%

The business has a 50-day moving average of $23.33 and a 200 day moving average of $22.01. The firm has a market capitalization of $51.34 million, a PE ratio of 14.76 and a beta of 1.07.

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

An institutional investor recently bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 199,537 shares of the company’s stock, valued at approximately $4,296,000. Jane Street Group LLC owned about 10.08% of Putnam PanAgora ESG Emerging Markets Equity ETF at the end of the most recent reporting period.

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.