Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) Short Interest Update

Putnam PanAgora ESG Emerging Markets Equity ETF (NYSEARCA:PPEM) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,291 shares, an increase of 130.7% from the December 31st total of 993 shares. Based on an average trading volume of 1,116 shares, the short-interest ratio is currently 2.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,116 shares, the short-interest ratio is currently 2.1 days.

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

A number of institutional investors have recently modified their holdings of the company. Citadel Advisors LLC acquired a new stake in shares of Putnam PanAgora ESG Emerging Markets Equity ETF during the third quarter worth $553,000. Franklin Resources Inc. raised its holdings in Putnam PanAgora ESG Emerging Markets Equity ETF by 3.4% during the third quarter. Franklin Resources Inc. now owns 1,933,387 shares of the company’s stock worth $53,032,000 after buying an additional 63,962 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Putnam PanAgora ESG Emerging Markets Equity ETF by 5.0% in the 2nd quarter. Jane Street Group LLC now owns 209,441 shares of the company’s stock worth $5,162,000 after acquiring an additional 9,904 shares during the last quarter.

Putnam PanAgora ESG Emerging Markets Equity ETF Stock Down 2.1%

Shares of NYSEARCA:PPEM traded down $0.62 during trading on Friday, hitting $28.92. 2,608 shares of the company were exchanged, compared to its average volume of 1,570. Putnam PanAgora ESG Emerging Markets Equity ETF has a 1-year low of $18.92 and a 1-year high of $32.10. The company has a market capitalization of $57.84 million, a P/E ratio of 15.43 and a beta of 0.71. The business’s 50 day moving average is $27.66 and its 200-day moving average is $27.02.

Putnam PanAgora ESG Emerging Markets Equity ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a dividend of $1.6076 per share. The ex-dividend date was Friday, December 19th. This represents a yield of 618.0%.

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. PPEM was launched on Jan 19, 2023 and is managed by Putnam.