Franklin Resources Inc. Increases Stake in Putnam Sustainable Leaders ETF $PLDR

Franklin Resources Inc. increased its holdings in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) by 6.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,322,468 shares of the company’s stock after buying an additional 1,491,920 shares during the quarter. Franklin Resources Inc. owned about 103.43% of Putnam Sustainable Leaders ETF worth $867,845,000 at the end of the most recent reporting period.

Separately, Citadel Advisors LLC grew its stake in Putnam Sustainable Leaders ETF by 232.9% in the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock valued at $756,000 after acquiring an additional 14,733 shares during the period.

Putnam Sustainable Leaders ETF Price Performance

Shares of PLDR opened at $38.06 on Monday. Putnam Sustainable Leaders ETF has a 52-week low of $32.42 and a 52-week high of $39.09. The firm’s fifty day moving average is $36.97 and its two-hundred day moving average is $36.68. The stock has a market cap of $4.57 million, a PE ratio of 28.96 and a beta of 1.06.

Putnam Sustainable Leaders ETF 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. PLDR was launched on May 25, 2021 and is managed by Putnam.