Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Shares Down 0.5% – Here’s Why

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM)’s share price fell 0.5% during trading on Monday . The company traded as low as $20.42 and last traded at $20.44. 5,049 shares were traded during trading, an increase of 93% from the average session volume of 2,621 shares. The stock had previously closed at $20.55.

Putnam PanAgora ESG Emerging Markets Equity ETF Price Performance

The stock’s 50 day moving average is $21.84 and its two-hundred day moving average is $22.08. The stock has a market capitalization of $26.16 million, a PE ratio of 12.63 and a beta of 0.89.

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 bought a new stake in Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 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.