PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Trading Up 1.5% – What’s Next?

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) was up 1.5% during mid-day trading on Wednesday . The company traded as high as $104.32 and last traded at $104.32. Approximately 1,660 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 5,187 shares. The stock had previously closed at $102.76.

PGIM Jennison Focused Growth ETF Price Performance

The stock has a 50-day moving average of $107.57 and a 200-day moving average of $109.25. The firm has a market cap of $132.49 million, a price-to-earnings ratio of 39.69 and a beta of 1.22.

Institutional Investors Weigh In On PGIM Jennison Focused Growth ETF

A number of large investors have recently bought and sold shares of PJFG. Prosperity Bancshares Inc bought a new position in PGIM Jennison Focused Growth ETF in the 4th quarter valued at about $29,000. Motiv8 Investments LLC bought a new position in shares of PGIM Jennison Focused Growth ETF in the 4th quarter valued at $36,000. Kestra Advisory Services LLC acquired a new position in shares of PGIM Jennison Focused Growth ETF during the 4th quarter worth $28,000. Stifel Financial Corp lifted its position in shares of PGIM Jennison Focused Growth ETF by 232.9% during the 4th quarter. Stifel Financial Corp now owns 8,456 shares of the company’s stock worth $941,000 after buying an additional 5,916 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in PGIM Jennison Focused Growth ETF by 81.8% in the fourth quarter. J.W. Cole Advisors Inc. now owns 9,139 shares of the company’s stock valued at $1,016,000 after buying an additional 4,111 shares in the last quarter.

PGIM Jennison Focused Growth ETF Company Profile

The PGIM Jennison Focused Growth ETF (PJFG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of growth stocks from all over the world. PJFG was launched on Dec 12, 2022 and is managed by PGIM.