Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Shares Purchased by Professional Financial Advisors LLC

Professional Financial Advisors LLC lifted its holdings in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 2.7% in the 4th quarter, HoldingsChannel reports. The firm owned 59,294 shares of the company’s stock after purchasing an additional 1,584 shares during the quarter. Professional Financial Advisors LLC’s holdings in Putnam Focused Large Cap Growth ETF were worth $1,718,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC bought a new position in Putnam Focused Large Cap Growth ETF during the third quarter valued at about $1,255,000. Royal Bank of Canada boosted its position in shares of Putnam Focused Large Cap Growth ETF by 575.4% in the 1st quarter. Royal Bank of Canada now owns 36,379 shares of the company’s stock valued at $964,000 after purchasing an additional 30,993 shares during the period. Prosperity Financial Group Inc. acquired a new position in shares of Putnam Focused Large Cap Growth ETF in the 3rd quarter valued at $401,000. Finally, UBS Group AG acquired a new position in shares of Putnam Focused Large Cap Growth ETF in the 3rd quarter valued at $36,000.

Putnam Focused Large Cap Growth ETF Stock Performance

Putnam Focused Large Cap Growth ETF stock remained flat at $32.72 during mid-day trading on Thursday. The company had a trading volume of 5,799 shares, compared to its average volume of 13,217. The stock’s 50-day moving average is $31.61 and its 200 day moving average is $28.64. The firm has a market cap of $41.55 million, a P/E ratio of 28.68 and a beta of 1.14. Putnam Focused Large Cap Growth ETF has a 1 year low of $22.31 and a 1 year high of $33.23.

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.