Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) Short Interest Down 75.0% in September

Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 100 shares, a decrease of 75.0% from the September 15th total of 400 shares. Based on an average trading volume of 900 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 900 shares, the short-interest ratio is presently 0.1 days.

Putnam Emerging Markets ex-China ETF Stock Up 0.5%

NYSEARCA:PEMX opened at $65.58 on Friday. Putnam Emerging Markets ex-China ETF has a 52 week low of $45.90 and a 52 week high of $65.72. The firm has a 50 day moving average of $62.15 and a 200 day moving average of $57.70. The stock has a market capitalization of $16.40 million, a price-to-earnings ratio of 15.37 and a beta of 0.73.

Institutional Investors Weigh In On Putnam Emerging Markets ex-China ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PEMX. OLD Mission Capital LLC lifted its position in Putnam Emerging Markets ex-China ETF by 10.2% during the first quarter. OLD Mission Capital LLC now owns 8,768 shares of the company’s stock valued at $439,000 after acquiring an additional 808 shares during the last quarter. Jane Street Group LLC purchased a new stake in Putnam Emerging Markets ex-China ETF during the first quarter valued at approximately $345,000. Fortis Capital Advisors LLC purchased a new stake in Putnam Emerging Markets ex-China ETF during the first quarter valued at approximately $318,000. Belpointe Asset Management LLC purchased a new stake in Putnam Emerging Markets ex-China ETF during the first quarter valued at approximately $318,000. Finally, Castle Wealth Management LLC increased its stake in Putnam Emerging Markets ex-China ETF by 1,416.0% during the 2nd quarter. Castle Wealth Management LLC now owns 130,844 shares of the company’s stock valued at $7,757,000 after purchasing an additional 122,213 shares in the last quarter.

Putnam Emerging Markets ex-China ETF Company 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.