Putnam Sustainable Future ETF (NYSEARCA:PFUT) Shares Down 1.3%

Putnam Sustainable Future ETF (NYSEARCA:PFUTGet Free Report) traded down 1.3% during mid-day trading on Tuesday . The company traded as low as $23.83 and last traded at $23.91. 54,495 shares traded hands during mid-day trading, an increase of 122% from the average session volume of 24,519 shares. The stock had previously closed at $24.23.

Putnam Sustainable Future ETF Price Performance

The firm’s fifty day moving average is $23.40 and its 200 day moving average is $21.09. The firm has a market capitalization of $198.97 million, a price-to-earnings ratio of 16.59 and a beta of 1.05.

Institutional Investors Weigh In On Putnam Sustainable Future ETF

Several large investors have recently made changes to their positions in PFUT. Royal Bank of Canada acquired a new stake in shares of Putnam Sustainable Future ETF in the first quarter valued at about $218,000. Barclays PLC bought a new position in Putnam Sustainable Future ETF in the 1st quarter worth approximately $28,000. Jane Street Group LLC acquired a new position in shares of Putnam Sustainable Future ETF during the first quarter worth approximately $352,000. Citadel Advisors LLC bought a new stake in shares of Putnam Sustainable Future ETF in the second quarter valued at approximately $392,000. Finally, Putnam Investments LLC grew its stake in shares of Putnam Sustainable Future ETF by 3.7% in the fourth quarter. Putnam Investments LLC now owns 9,360,824 shares of the company’s stock worth $204,088,000 after acquiring an additional 334,905 shares during the last quarter.

Putnam Sustainable Future ETF Company Profile

(Get Free Report)

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.

Further Reading

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