Castle Wealth Management LLC Invests $481,000 in Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX)

Castle Wealth Management LLC acquired a new position in shares of Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,344 shares of the company’s stock, valued at approximately $481,000. Castle Wealth Management LLC owned 6.23% of Putnam Emerging Markets ex-China ETF as of its most recent SEC filing.

Separately, B&L Asset Management LLC acquired a new stake in shares of Putnam Emerging Markets ex-China ETF during the 3rd quarter worth approximately $259,000.

Putnam Emerging Markets ex-China ETF Stock Up 0.0 %

Shares of PEMX stock opened at $51.69 on Thursday. The company has a market cap of $7.75 million, a price-to-earnings ratio of 19.83 and a beta of 0.98. Putnam Emerging Markets ex-China ETF has a 52 week low of $45.90 and a 52 week high of $58.16. The firm has a 50 day moving average of $52.97 and a 200-day moving average of $53.79.

Putnam Emerging Markets ex-China ETF Profile

The Putnam Emerging Markets ex-China ETF (PEMX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that pursues alpha over a full market cycle through fundamental research in emerging markets, excluding China. The fund targets a portfolio comprised of value and/or growth stocks.