MGO One Seven LLC acquired a new position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 35,386 shares of the company’s stock, valued at approximately $1,580,000.
A number of other hedge funds have also recently added to or reduced their stakes in PGRO. Next Level Private LLC increased its holdings in Putnam Focused Large Cap Growth ETF by 519.1% in the fourth quarter. Next Level Private LLC now owns 83,236 shares of the company’s stock worth $3,716,000 after buying an additional 69,792 shares during the last quarter. Sequent Planning LLC acquired a new position in Putnam Focused Large Cap Growth ETF in the third quarter worth approximately $2,586,000. Benjamin Edwards Inc. increased its holdings in Putnam Focused Large Cap Growth ETF by 22.2% in the fourth quarter. Benjamin Edwards Inc. now owns 93,033 shares of the company’s stock worth $4,154,000 after buying an additional 16,884 shares during the last quarter. Royal Bank of Canada acquired a new position in Putnam Focused Large Cap Growth ETF in the first quarter worth approximately $489,000. Finally, Smith Moore & CO. acquired a new position in Putnam Focused Large Cap Growth ETF in the third quarter worth approximately $293,000.
Putnam Focused Large Cap Growth ETF Stock Performance
NYSEARCA:PGRO opened at $47.50 on Tuesday. The stock’s 50 day moving average price is $43.00 and its 200 day moving average price is $43.85. Putnam Focused Large Cap Growth ETF has a 52 week low of $37.45 and a 52 week high of $47.68. The company has a market capitalization of $111.63 million, a P/E ratio of 38.61 and a beta of 1.16.
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.
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Want to see what other hedge funds are holding PGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Free Report).
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