Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Shares Gap Up – What’s Next?

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) gapped up prior to trading on Thursday . The stock had previously closed at $27.23, but opened at $28.83. Putnam Sustainable Leaders ETF shares last traded at $28.85, with a volume of 312 shares trading hands.

Putnam Sustainable Leaders ETF Stock Performance

The business has a 50 day moving average of $31.97 and a 200-day moving average of $33.34. The company has a market capitalization of $583.90 million, a P/E ratio of 28.94 and a beta of 1.06.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of PLDR. PNC Financial Services Group Inc. bought a new stake in Putnam Sustainable Leaders ETF during the fourth quarter valued at $29,000. Bond & Devick Financial Network Inc. raised its holdings in shares of Putnam Sustainable Leaders ETF by 112.5% in the 1st quarter. Bond & Devick Financial Network Inc. now owns 34,857 shares of the company’s stock valued at $1,072,000 after acquiring an additional 18,454 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Putnam Sustainable Leaders ETF by 525.6% during the 4th quarter. Jane Street Group LLC now owns 59,872 shares of the company’s stock valued at $1,996,000 after acquiring an additional 50,302 shares during the last quarter. Bailard Inc. grew its holdings in shares of Putnam Sustainable Leaders ETF by 3.1% during the fourth quarter. Bailard Inc. now owns 64,020 shares of the company’s stock worth $2,134,000 after purchasing an additional 1,912 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Putnam Sustainable Leaders ETF by 9.8% in the third quarter. Franklin Resources Inc. now owns 17,728,436 shares of the company’s stock worth $608,263,000 after purchasing an additional 1,578,080 shares during the last quarter.

Putnam Sustainable Leaders ETF Company Profile

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.