Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Hits New 12-Month High – Time to Buy?

Shares of Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) hit a new 52-week high on Monday . The company traded as high as $34.49 and last traded at $34.49, with a volume of 822 shares changing hands. The stock had previously closed at $34.36.

Putnam Sustainable Leaders ETF Stock Performance

The firm has a market cap of $562.17 million, a price-to-earnings ratio of 29.28 and a beta of 1.02. The company’s fifty day moving average is $33.57 and its two-hundred day moving average is $32.50.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Putnam Sustainable Leaders ETF stock. Bond & Devick Financial Network Inc. purchased a new stake in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,403 shares of the company’s stock, valued at approximately $555,000. Bond & Devick Financial Network Inc. owned about 0.10% of Putnam Sustainable Leaders ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.