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

Putnam Sustainable Future ETF (NYSEARCA:PFUTGet Free Report)’s share price fell 1.3% on Tuesday . The company traded as low as $23.83 and last traded at $23.91. 54,495 shares changed 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 Trading Down 1.3 %

The stock has a fifty day simple moving average of $23.40 and a 200-day simple moving average of $21.09. The company has a market capitalization of $198.97 million, a PE ratio of 16.59 and a beta of 1.05.

Hedge Funds Weigh In On Putnam Sustainable Future ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada purchased a new stake in shares of Putnam Sustainable Future ETF during the 1st quarter worth approximately $218,000. Barclays PLC acquired a new stake in shares of Putnam Sustainable Future ETF during the first quarter worth about $28,000. Jane Street Group LLC purchased a new stake in Putnam Sustainable Future ETF in the 1st quarter valued at $352,000. Citadel Advisors LLC acquired a new stake in shares of Putnam Sustainable Future ETF during the second quarter worth about $392,000. Finally, Putnam Investments LLC grew its stake in shares of Putnam Sustainable Future ETF by 3.7% in the 4th quarter. Putnam Investments LLC now owns 9,360,824 shares of the company’s stock valued at $204,088,000 after purchasing 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.

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