Putnam Sustainable Future ETF (NYSEARCA:PFUT) Trading Down 1.4% – Here’s What Happened

Putnam Sustainable Future ETF (NYSEARCA:PFUT)’s stock price traded down 1.4% during mid-day trading on Friday . The company traded as low as $25.27 and last traded at $25.27. 9,614 shares were traded during trading, a decline of 60% from the average session volume of 24,300 shares. The stock had previously closed at $25.62.

Putnam Sustainable Future ETF Trading Down 1.4 %

The firm’s fifty day moving average is $25.10 and its 200 day moving average is $24.51. The company has a market cap of $266.11 million, a PE ratio of 30.00 and a beta of 1.18.

Institutional Trading of Putnam Sustainable Future ETF

A hedge fund recently bought a new stake in Putnam Sustainable Future ETF stock. Sentinel Pension Advisors Inc. bought a new position in Putnam Sustainable Future ETF (NYSEARCA:PFUT) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 8,305 shares of the company’s stock, valued at approximately $202,000. Sentinel Pension Advisors Inc. owned approximately 0.08% of Putnam Sustainable Future ETF at the end of the most recent reporting period.

About Putnam Sustainable Future ETF

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.