Professional Financial Advisors LLC trimmed its position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 71,052 shares of the company’s stock after selling 757 shares during the quarter. Putnam Focused Large Cap Growth ETF comprises 0.7% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. Professional Financial Advisors LLC’s holdings in Putnam Focused Large Cap Growth ETF were worth $2,756,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of PGRO. Cetera Investment Advisers lifted its position in Putnam Focused Large Cap Growth ETF by 24.5% during the 2nd quarter. Cetera Investment Advisers now owns 85,954 shares of the company’s stock worth $3,051,000 after acquiring an additional 16,896 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Putnam Focused Large Cap Growth ETF in the 3rd quarter valued at approximately $1,024,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of Putnam Focused Large Cap Growth ETF by 29.6% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 16,102 shares of the company’s stock worth $572,000 after purchasing an additional 3,673 shares during the period.
Putnam Focused Large Cap Growth ETF Trading Down 0.4 %
Shares of Putnam Focused Large Cap Growth ETF stock opened at $38.22 on Tuesday. The stock has a market capitalization of $68.80 million, a price-to-earnings ratio of 46.68 and a beta of 1.25. Putnam Focused Large Cap Growth ETF has a twelve month low of $29.16 and a twelve month high of $40.43. The business’s 50 day simple moving average is $38.71 and its 200-day simple moving average is $36.49.
Putnam Focused Large Cap Growth ETF 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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