Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Strong Trading Volume – Here’s Why

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) shares saw strong trading volume on Thursday . 92,411 shares traded hands during trading, an increase of 120% from the previous session’s volume of 42,016 shares.The stock last traded at $34.50 and had previously closed at $34.36.

Putnam Sustainable Leaders ETF Stock Performance

The firm’s 50-day moving average is $33.70 and its 200 day moving average is $32.56. The firm has a market capitalization of $552.99 million, a P/E ratio of 29.28 and a beta of 1.02.

Institutional Trading of Putnam Sustainable Leaders ETF

An institutional investor recently bought a new position in Putnam Sustainable Leaders ETF stock. Bond & Devick Financial Network Inc. purchased a new stake in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,403 shares of the company’s stock, valued at approximately $555,000. Bond & Devick Financial Network Inc. owned 0.10% of Putnam Sustainable Leaders ETF at the end of the most recent quarter.

About Putnam Sustainable Leaders ETF

The Putnam Sustainable Leaders ETF (PLDR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model.