Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Sees Unusually-High Trading Volume – What’s Next?

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw an uptick in trading volume on Tuesday . 46,113 shares were traded during mid-day trading, an increase of 110% from the previous session’s volume of 21,939 shares.The stock last traded at $48.76 and had previously closed at $48.51.

Putnam ESG Core Bond ETF Stock Up 0.5 %

The stock has a fifty day moving average of $48.07 and a 200 day moving average of $48.91.

Hedge Funds Weigh In On Putnam ESG Core Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its stake in shares of Putnam ESG Core Bond ETF by 151.5% in the fourth quarter. Citadel Advisors LLC now owns 25,502 shares of the company’s stock worth $1,225,000 after acquiring an additional 15,361 shares during the period. Riverwater Partners LLC bought a new stake in shares of Putnam ESG Core Bond ETF during the fourth quarter valued at approximately $1,517,000. Flow Traders U.S. LLC purchased a new position in shares of Putnam ESG Core Bond ETF in the third quarter worth $1,628,000. Jane Street Group LLC boosted its position in shares of Putnam ESG Core Bond ETF by 10.9% during the third quarter. Jane Street Group LLC now owns 54,591 shares of the company’s stock worth $2,733,000 after acquiring an additional 5,384 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in Putnam ESG Core Bond ETF by 10.6% in the 3rd quarter. Franklin Resources Inc. now owns 13,550,017 shares of the company’s stock valued at $668,510,000 after acquiring an additional 1,302,479 shares during the last quarter.

Putnam ESG Core Bond ETF Company Profile

The Putnam ESG Core Bond ETF (PCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund broadly invests in investment grade US fixed income securities that meet certain environmental, social and governance criteria on a sector-specific basis. The actively managed targets bonds with maturities of three years or more.