Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Get Free Report) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 5,356 shares, a decrease of 66.4% from the September 15th total of 15,950 shares. Based on an average daily volume of 110,076 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are short sold.
Institutional Trading of Putnam Focused Large Cap Growth ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. RFG Advisory LLC purchased a new position in shares of Putnam Focused Large Cap Growth ETF in the 2nd quarter valued at about $12,593,000. Next Level Private LLC lifted its stake in Putnam Focused Large Cap Growth ETF by 147.8% during the first quarter. Next Level Private LLC now owns 206,268 shares of the company’s stock worth $8,311,000 after purchasing an additional 123,032 shares during the last quarter. Cetera Investment Advisers lifted its stake in Putnam Focused Large Cap Growth ETF by 18.8% during the first quarter. Cetera Investment Advisers now owns 412,528 shares of the company’s stock worth $16,621,000 after purchasing an additional 65,235 shares during the last quarter. Sequent Planning LLC boosted its holdings in Putnam Focused Large Cap Growth ETF by 29.3% in the first quarter. Sequent Planning LLC now owns 101,539 shares of the company’s stock valued at $4,091,000 after purchasing an additional 23,021 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Putnam Focused Large Cap Growth ETF by 104.8% in the second quarter. Envestnet Asset Management Inc. now owns 15,708 shares of the company’s stock valued at $749,000 after purchasing an additional 8,037 shares in the last quarter.
Putnam Focused Large Cap Growth ETF Price Performance
Shares of PGRO traded down $0.30 during midday trading on Monday, reaching $48.90. The stock had a trading volume of 4,435 shares, compared to its average volume of 31,625. The company has a market cap of $221.51 million, a price-to-earnings ratio of 38.61 and a beta of 1.16. The company’s fifty day simple moving average is $47.43 and its two-hundred day simple moving average is $46.31. Putnam Focused Large Cap Growth ETF has a 1-year low of $38.70 and a 1-year high of $49.67.
About Putnam Focused Large Cap Growth ETF
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.
Featured Articles
- Five stocks we like better than Putnam Focused Large Cap Growth ETF
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for Putnam Focused Large Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Focused Large Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
