Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Short Interest Update

Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,292 shares, a decline of 68.0% from the June 30th total of 19,656 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,006 shares, the days-to-cover ratio is currently 0.4 days.

Putnam Focused Large Cap Growth ETF Stock Performance

NYSEARCA PGRO traded down $0.21 during trading hours on Tuesday, reaching $44.64. The company’s stock had a trading volume of 12,713 shares, compared to its average volume of 32,075. The stock has a market cap of $108.03 million, a PE ratio of 38.61 and a beta of 1.17. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $38.70 and a fifty-two week high of $49.39. The company’s 50-day moving average is $47.01 and its two-hundred day moving average is $44.72.

Institutional Trading of Putnam Focused Large Cap Growth ETF

Several large investors have recently modified their holdings of the business. Royal Bank of Canada raised 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 worth $271,000 after purchasing an additional 5,062 shares during the last quarter. Smith Moore & CO. increased its position in Putnam Focused Large Cap Growth ETF by 15.4% during 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 in the last quarter. MGO One Seven LLC purchased a new position in Putnam Focused Large Cap Growth ETF during the fourth quarter worth $1,580,000. HighTower Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Growth ETF in the fourth quarter worth $1,825,000. Finally, Benjamin Edwards Inc. lifted its position in shares of Putnam Focused Large Cap Growth ETF by 21.9% in the second quarter. Benjamin Edwards Inc. now owns 69,943 shares of the company’s stock valued at $2,874,000 after acquiring an additional 12,567 shares in the last quarter.

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.