Renaissance Technologies LLC opened a $0.9M position in PUTNAM ETF TRUST
Jim Simons' Renaissance Technologies LLC has invested $0.9 million in PUTNAM ETF TRUST, as reported on 2025-08-13. The filing reveals the purchase of 23,500 shares during the period ending on 2025-06-30.
New Investment by Renaissance Technologies LLC
Renaissance Technologies LLC, led by renowned investor Jim Simons, has recently added a new position to its portfolio. The investment is in PUTNAM ETF TRUST, represented by the symbol PVAL.
Details of the New Position
The filing, submitted on 2025-08-13, indicates that Renaissance Technologies acquired 23,500 shares of PVAL. This investment is valued at $0.9 million and constitutes 0.00% of their portfolio as of the period ending on 2025-06-30.
Significance of the Investment
Renaissance Technologies' decision to invest in PUTNAM ETF TRUST may signal a strategic shift or diversification strategy. Given their historical focus on quantitative models, this move could reflect an interest in specific market trends or risk management.