Putnam Sustainable Future ETF (NYSEARCA:PFUT) Trading 0.3% Higher

Putnam Sustainable Future ETF (NYSEARCA:PFUT)’s stock price shot up 0.3% during mid-day trading on Wednesday . The stock traded as high as $24.38 and last traded at $24.31. 17,469 shares were traded during trading, a decline of 32% from the average session volume of 25,644 shares. The stock had previously closed at $24.24.

Putnam Sustainable Future ETF Stock Up 0.3 %

The firm has a 50-day simple moving average of $24.22 and a 200-day simple moving average of $23.36. The stock has a market cap of $255.98 million, a PE ratio of 30.00 and a beta of 1.18.

Institutional Trading of Putnam Sustainable Future ETF

A hedge fund recently raised its stake in Putnam Sustainable Future ETF stock. Putnam Investments LLC lifted its position in Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,360,824 shares of the company’s stock after purchasing an additional 334,905 shares during the quarter. Putnam Investments LLC owned about 112.51% of Putnam Sustainable Future ETF worth $204,088,000 at the end of the most recent quarter.

Putnam Sustainable Future ETF Company Profile

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.