Putnam Sustainable Future ETF $PFUT Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. raised its stake in Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 5.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,495,685 shares of the company’s stock after acquiring an additional 865,547 shares during the quarter. Franklin Resources Inc. owned approximately 96.97% of Putnam Sustainable Future ETF worth $392,196,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC purchased a new position in shares of Putnam Sustainable Future ETF during the 2nd quarter valued at approximately $524,000.

Putnam Sustainable Future ETF Price Performance

PFUT opened at $25.85 on Tuesday. The firm has a fifty day moving average price of $25.14 and a 200 day moving average price of $25.10. Putnam Sustainable Future ETF has a 1 year low of $22.66 and a 1 year high of $26.77. The stock has a market cap of $5.17 million, a P/E ratio of 33.10 and a beta of 1.13.

Putnam Sustainable Future ETF 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. The fund utilizes the Fidelity non-transparent model. PFUT was launched on May 25, 2021 and is managed by Putnam.