Professional Financial Advisors LLC Raises Position in Putnam ESG Ultra Short ETF (NYSEARCA:PULT)

Professional Financial Advisors LLC grew its holdings in shares of Putnam ESG Ultra Short ETF (NYSEARCA:PULT) by 9.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,656 shares of the company’s stock after purchasing an additional 1,185 shares during the quarter. Professional Financial Advisors LLC’s holdings in Putnam ESG Ultra Short ETF were worth $686,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Osaic Holdings Inc. acquired a new stake in Putnam ESG Ultra Short ETF during the 2nd quarter worth about $118,000. Royal Bank of Canada grew its position in shares of Putnam ESG Ultra Short ETF by 6.4% during the 3rd quarter. Royal Bank of Canada now owns 7,067 shares of the company’s stock valued at $355,000 after acquiring an additional 426 shares during the period. Finally, WT Wealth Management acquired a new stake in shares of Putnam ESG Ultra Short ETF during the 3rd quarter valued at about $356,000.

Putnam ESG Ultra Short ETF Price Performance

Shares of NYSEARCA:PULT traded up $0.03 during trading on Thursday, reaching $50.39. 12,069 shares of the company’s stock traded hands, compared to its average volume of 19,032. Putnam ESG Ultra Short ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.51. The company has a 50-day simple moving average of $50.33 and a 200-day simple moving average of $50.26.

Putnam ESG Ultra Short ETF Company Profile

The Putnam ESG Ultra Short ETF (PULT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade fixed income securities from around the world that meet certain environmental, social and governance criteria on a sector-specific basis.The fund expects to have an average weighted maturity of four years or less.