Putnam Sustainable Future ETF (NYSEARCA:PFUT) Trading Down 1.4% – Time to Sell?

Shares of Putnam Sustainable Future ETF (NYSEARCA:PFUT) were down 1.4% on Friday . The stock traded as low as $25.27 and last traded at $25.27. Approximately 9,614 shares were traded during trading, a decline of 60% from the average daily volume of 24,300 shares. The stock had previously closed at $25.62.

Putnam Sustainable Future ETF Trading Down 1.4 %

The company has a market cap of $266.11 million, a P/E ratio of 30.00 and a beta of 1.18. The company’s 50-day moving average price is $25.10 and its two-hundred day moving average price is $24.51.

Institutional Trading of Putnam Sustainable Future ETF

An institutional investor recently bought a new position in Putnam Sustainable Future ETF stock. Sentinel Pension Advisors Inc. bought a new position in Putnam Sustainable Future ETF (NYSEARCA:PFUT) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,305 shares of the company’s stock, valued at approximately $202,000. Sentinel Pension Advisors Inc. owned about 0.08% of Putnam Sustainable Future ETF at the end of the most recent quarter.

About Putnam Sustainable Future ETF

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.