HighTower Advisors LLC bought a new stake in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 40,874 shares of the company’s stock, valued at approximately $1,825,000.
A number of other institutional investors have also modified their holdings of PGRO. Royal Bank of Canada acquired a new position in shares of Putnam Focused Large Cap Growth ETF in the first quarter valued at approximately $489,000. Benjamin Edwards Inc. grew its holdings in Putnam Focused Large Cap Growth ETF by 21.9% during the second quarter. Benjamin Edwards Inc. now owns 69,943 shares of the company’s stock worth $2,874,000 after acquiring an additional 12,567 shares during the period. Smith Moore & CO. acquired a new position in Putnam Focused Large Cap Growth ETF during the third quarter worth $293,000. Sequent Planning LLC acquired a new position in Putnam Focused Large Cap Growth ETF during the third quarter worth $2,586,000. Finally, Prosperity Financial Group Inc. grew its holdings in Putnam Focused Large Cap Growth ETF by 4.1% during the third quarter. Prosperity Financial Group Inc. now owns 132,429 shares of the company’s stock worth $5,887,000 after acquiring an additional 5,163 shares during the period.
Putnam Focused Large Cap Growth ETF Price Performance
Shares of PGRO stock opened at $49.24 on Tuesday. The business’s fifty day moving average price is $44.77 and its 200 day moving average price is $44.13. Putnam Focused Large Cap Growth ETF has a 1-year low of $38.18 and a 1-year high of $49.39. The firm has a market capitalization of $115.71 million, a PE ratio of 38.61 and a beta of 1.16.
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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