Franklin Resources Inc. Boosts Stake in Putnam Sustainable Future ETF (NYSEARCA:PFUT)

Franklin Resources Inc. raised its position in shares of Putnam Sustainable Future ETF (NYSEARCA:PFUT) by 10.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,751,600 shares of the company’s stock after buying an additional 1,129,396 shares during the quarter. Franklin Resources Inc. owned about 111.60% of Putnam Sustainable Future ETF worth $301,546,000 as of its most recent SEC filing.

Putnam Sustainable Future ETF Trading Down 0.8 %

Shares of NYSEARCA PFUT opened at $26.03 on Friday. Putnam Sustainable Future ETF has a 12-month low of $20.99 and a 12-month high of $27.07. The firm’s 50-day moving average price is $25.80 and its 200-day moving average price is $24.84. The stock has a market capitalization of $274.07 million, a price-to-earnings ratio of 30.00 and a beta of 1.18.

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.