Professional Financial Advisors LLC Buys 1,584 Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

Professional Financial Advisors LLC lifted its stake in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,294 shares of the company’s stock after acquiring an additional 1,584 shares during the quarter. Professional Financial Advisors LLC owned approximately 4.67% of Putnam Focused Large Cap Growth ETF worth $1,718,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PGRO. UBS Group AG purchased a new stake in shares of Putnam Focused Large Cap Growth ETF during the 3rd quarter worth approximately $36,000. Prosperity Financial Group Inc. bought a new position in shares of Putnam Focused Large Cap Growth ETF during the 3rd quarter valued at approximately $401,000. Royal Bank of Canada increased its position in shares of Putnam Focused Large Cap Growth ETF by 9.3% during the 3rd quarter. Royal Bank of Canada now owns 22,549 shares of the company’s stock valued at $451,000 after purchasing an additional 1,918 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of Putnam Focused Large Cap Growth ETF during the 3rd quarter valued at approximately $1,255,000.

Putnam Focused Large Cap Growth ETF Price Performance

Shares of NYSEARCA PGRO remained flat at $32.72 during trading hours on Thursday. The stock had a trading volume of 5,799 shares, compared to its average volume of 13,217. The company has a market capitalization of $41.55 million, a PE ratio of 28.68 and a beta of 1.14. The firm’s 50 day moving average is $31.61 and its 200 day moving average is $28.64. Putnam Focused Large Cap Growth ETF has a 52-week low of $22.31 and a 52-week 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.