Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Significant Decrease in Short Interest

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 300 shares, a decline of 94.2% from the June 30th total of 5,200 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 21,900 shares, the short-interest ratio is currently 0.0 days.

Putnam Sustainable Leaders ETF Stock Down 0.1%

PLDR opened at $34.67 on Wednesday. The stock has a market cap of $747.14 million, a P/E ratio of 28.96 and a beta of 1.03. Putnam Sustainable Leaders ETF has a 12 month low of $26.61 and a 12 month high of $35.31. The company has a fifty day simple moving average of $33.32 and a 200 day simple moving average of $32.38.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC lifted its holdings 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 purchasing an additional 50,302 shares in the last quarter. Bond & Devick Financial Network Inc. raised its holdings in Putnam Sustainable Leaders ETF by 112.5% during the 1st quarter. Bond & Devick Financial Network Inc. now owns 34,857 shares of the company’s stock worth $1,072,000 after buying an additional 18,454 shares during the period. Franklin Resources Inc. lifted its stake in Putnam Sustainable Leaders ETF by 13.3% in the fourth quarter. Franklin Resources Inc. now owns 20,086,310 shares of the company’s stock valued at $669,641,000 after buying an additional 2,357,874 shares in the last quarter. Finally, Elevation Capital Advisory LLC acquired a new position in shares of Putnam Sustainable Leaders ETF in the second quarter valued at approximately $230,000.

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.