Putnam Sustainable Future ETF (NYSEARCA:PFUT) Shares Down 0.1%

Shares of Putnam Sustainable Future ETF (NYSEARCA:PFUT) traded down 0.1% on Thursday . The stock traded as low as $22.90 and last traded at $23.14. 18,595 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 23,344 shares. The stock had previously closed at $23.17.

Putnam Sustainable Future ETF Price Performance

The firm has a market capitalization of $237.97 million, a P/E ratio of 28.57 and a beta of 1.16. The firm’s fifty day moving average price is $23.65 and its 200-day moving average price is $21.67.

Institutional Trading of Putnam Sustainable Future ETF

A hedge fund recently raised its stake in Putnam Sustainable Future ETF stock. Putnam Investments LLC boosted its holdings in shares of Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,360,824 shares of the company’s stock after purchasing an additional 334,905 shares during the period. Putnam Investments LLC owned approximately 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.