Prosperity Financial Group Inc. grew its stake in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,297 shares of the company’s stock after acquiring an additional 4,108 shares during the quarter. Putnam Focused Large Cap Growth ETF accounts for 2.2% of Prosperity Financial Group Inc.’s portfolio, making the stock its 7th biggest holding. Prosperity Financial Group Inc. owned about 6.46% of Putnam Focused Large Cap Growth ETF worth $4,511,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in the stock. Elevation Capital Advisory LLC bought a new position in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter valued at $297,000. Next Level Private LLC bought a new position in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter valued at $632,000. Finally, Benjamin Edwards Inc. bought a new position in shares of Putnam Focused Large Cap Growth ETF during the third quarter valued at $1,024,000.
Putnam Focused Large Cap Growth ETF Price Performance
Shares of NYSEARCA:PGRO opened at $34.81 on Wednesday. The company has a market cap of $61.96 million, a P/E ratio of 38.57 and a beta of 1.13. Putnam Focused Large Cap Growth ETF has a 1 year low of $30.41 and a 1 year high of $40.43. The stock’s fifty day moving average price is $38.79 and its 200-day moving average price is $37.65.
Putnam Focused Large Cap Growth ETF Company Profile
The Putnam Focused Large Cap Growth ETF (PGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund that invests in US large-cap growth companies. The fund utilizes the Fidelity non-transparent model. PGRO was launched on May 25, 2021 and is managed by Putnam.
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