Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Stock Price Up 0.1% – Here’s Why

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) shares shot up 0.1% during mid-day trading on Friday . The company traded as high as $22.25 and last traded at $22.25. 2,245 shares changed hands during trading, a decline of 38% from the average session volume of 3,614 shares. The stock had previously closed at $22.23.

Putnam PanAgora ESG Emerging Markets Equity ETF Price Performance

The stock has a market capitalization of $28.48 million, a P/E ratio of 12.63 and a beta of 0.89. The stock’s fifty day moving average price is $22.50 and its 200 day moving average price is $22.05.

Institutional Investors Weigh In On Putnam PanAgora ESG Emerging Markets Equity ETF

A hedge fund recently bought a new stake in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC acquired a new stake in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 100,624 shares of the company’s stock, valued at approximately $2,340,000. Jane Street Group LLC owned about 7.86% of Putnam PanAgora ESG Emerging Markets Equity ETF at the end of the most recent reporting period.

Putnam PanAgora ESG Emerging Markets Equity ETF Company Profile

The PortfolioPlus Emerging Markets ETF (PPEM) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in companies of any capitalization located in emerging markets. Selected companies are perceived to possess positive environmental, social, and governance criteria.