Putnam Sustainable Future ETF (NYSEARCA:PFUT) Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. lifted its position in shares of Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,721,517 shares of the company’s stock after buying an additional 969,917 shares during the quarter. Franklin Resources Inc. owned approximately 120.81% of Putnam Sustainable Future ETF worth $314,997,000 at the end of the most recent quarter.

Separately, Synergy Asset Management LLC acquired a new position in Putnam Sustainable Future ETF during the fourth quarter worth about $29,000.

Putnam Sustainable Future ETF Price Performance

Shares of NYSEARCA PFUT opened at $22.27 on Wednesday. The firm’s 50-day moving average is $24.58 and its two-hundred day moving average is $25.19. The company has a market capitalization of $299.53 million, a PE ratio of 29.92 and a beta of 1.16. Putnam Sustainable Future ETF has a 12-month low of $21.58 and a 12-month high of $27.07.

Putnam Sustainable Future ETF Company Profile

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.