Next Level Private LLC increased its holdings in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report) by 147.8% during the first quarter, Holdings Channel reports. The firm owned 206,268 shares of the company’s stock after purchasing an additional 123,032 shares during the period. Putnam Focused Large Cap Growth ETF makes up 1.9% of Next Level Private LLC’s portfolio, making the stock its 14th largest holding. Next Level Private LLC owned about 0.13% of Putnam Focused Large Cap Growth ETF worth $8,311,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Smith Moore & CO. grew its position in Putnam Focused Large Cap Growth ETF by 15.4% in the fourth quarter. Smith Moore & CO. now owns 7,609 shares of the company’s stock worth $340,000 after buying an additional 1,017 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Putnam Focused Large Cap Growth ETF by 496.8% during the 4th quarter. Royal Bank of Canada now owns 6,081 shares of the company’s stock valued at $271,000 after acquiring an additional 5,062 shares during the last quarter. Prosperity Financial Group Inc. lifted its position in shares of Putnam Focused Large Cap Growth ETF by 4.1% during the 3rd quarter. Prosperity Financial Group Inc. now owns 132,429 shares of the company’s stock valued at $5,887,000 after acquiring an additional 5,163 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in shares of Putnam Focused Large Cap Growth ETF by 21.9% during the 2nd 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 in the last quarter. Finally, Sequent Planning LLC boosted its stake in shares of Putnam Focused Large Cap Growth ETF by 35.0% during the 4th quarter. Sequent Planning LLC now owns 78,518 shares of the company’s stock worth $3,506,000 after acquiring an additional 20,342 shares in the last quarter.
Putnam Focused Large Cap Growth ETF Price Performance
Shares of NYSEARCA PGRO opened at $45.99 on Monday. The stock has a market capitalization of $108.08 million, a price-to-earnings ratio of 38.61 and a beta of 1.17. The stock’s fifty day simple moving average is $46.99 and its 200 day simple moving average is $44.47. Putnam Focused Large Cap Growth ETF has a 52-week low of $38.70 and a 52-week high of $49.39.
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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