Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Trading 0.1% Higher – Should You Buy?

Shares of Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) were up 0.1% during trading on Friday . The company traded as high as $22.25 and last traded at $22.25. Approximately 2,245 shares traded hands during mid-day 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 firm has a market capitalization of $28.48 million, a PE ratio of 12.63 and a beta of 0.89. The stock’s 50 day simple moving average is $22.50 and its two-hundred day simple moving average is $22.05.

Institutional Trading of Putnam PanAgora ESG Emerging Markets Equity ETF

An institutional investor recently bought a new position in Putnam PanAgora ESG Emerging Markets Equity ETF stock. Jane Street Group LLC bought a new position in shares of Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 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.