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

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

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Performance

The company has a market capitalization of $28.48 million, a PE ratio of 12.63 and a beta of 0.89. The company’s 50-day simple moving average is $22.50 and its 200-day simple moving average is $22.05.

Hedge Funds 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 disclosure with the Securities & Exchange Commission. The fund bought 100,624 shares of the company’s stock, valued at approximately $2,340,000. Jane Street Group LLC owned approximately 7.86% of Putnam PanAgora ESG Emerging Markets Equity ETF as of its most recent SEC filing.

About Putnam PanAgora ESG Emerging Markets Equity ETF

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.