Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Shares Down 0.6%

Posted by Linda Flegge on Apr 19th, 2024

Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Get Free Report) were down 0.6% during mid-day trading on Thursday . The stock traded as low as $31.21 and last traded at $31.30. Approximately 24,842 shares traded hands during trading, an increase of 97% from the average daily volume of 12,615 shares. The stock had previously closed at $31.47.

Putnam Focused Large Cap Growth ETF Price Performance

The firm has a 50 day simple moving average of $32.16 and a 200-day simple moving average of $29.36. The company has a market cap of $57.28 million, a price-to-earnings ratio of 45.81 and a beta of 1.21.

Institutional Investors Weigh In On Putnam Focused Large Cap Growth ETF

Institutional investors have recently modified their holdings of the company. UBS Group AG acquired a new stake in shares of Putnam Focused Large Cap Growth ETF in the third quarter valued at $36,000. Benjamin F. Edwards & Company Inc. boosted its holdings in Putnam Focused Large Cap Growth ETF by 37.2% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,804 shares of the company’s stock valued at $110,000 after purchasing an additional 1,032 shares during the period. Citadel Advisors LLC purchased a new position in Putnam Focused Large Cap Growth ETF in the fourth quarter valued at $297,000. Prosperity Financial Group Inc. purchased a new position in Putnam Focused Large Cap Growth ETF in the third quarter valued at $401,000. Finally, Royal Bank of Canada boosted its holdings in Putnam Focused Large Cap Growth ETF by 9.3% in the third 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 period.

About Putnam Focused Large Cap Growth ETF

(Get Free Report)

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.