Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Trading Up 0.1% – Time to Buy?

Shares of Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) shot up 0.1% during trading on Friday . The stock traded as high as $22.25 and last traded at $22.25. 2,245 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 3,614 shares. The stock had previously closed at $22.23.

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Up 0.1 %

The firm has a 50 day moving average of $22.50 and a 200 day moving average of $22.05. The firm has a market cap of $28.48 million, a PE ratio of 12.63 and a beta of 0.89.

Institutional Investors Weigh In On Putnam PanAgora ESG Emerging Markets Equity ETF

A hedge fund recently raised its stake in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Franklin Resources Inc. raised its holdings in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) by 4.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,319,214 shares of the company’s stock after buying an additional 52,840 shares during the quarter. Franklin Resources Inc. owned about 103.06% of Putnam PanAgora ESG Emerging Markets Equity ETF worth $30,819,000 at the end of the most recent quarter.

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.