Next Level Private LLC Has $12.81 Million Stake in Putnam Focused Large Cap Growth ETF $PGRO

Next Level Private LLC boosted its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 30.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 268,851 shares of the company’s stock after buying an additional 62,583 shares during the quarter. Putnam Focused Large Cap Growth ETF accounts for approximately 2.5% of Next Level Private LLC’s investment portfolio, making the stock its 9th largest position. Next Level Private LLC owned 11.11% of Putnam Focused Large Cap Growth ETF worth $12,813,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter valued at approximately $1,825,000. Sequent Planning LLC lifted its position in shares of Putnam Focused Large Cap Growth ETF by 35.0% during the fourth quarter. Sequent Planning LLC now owns 78,518 shares of the company’s stock worth $3,506,000 after purchasing an additional 20,342 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of 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. MGO One Seven LLC bought a new stake in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter worth $1,580,000. Finally, Benjamin Edwards Inc. boosted its stake in shares of Putnam Focused Large Cap Growth ETF by 22.2% during the fourth quarter. Benjamin Edwards Inc. now owns 93,033 shares of the company’s stock valued at $4,154,000 after purchasing an additional 16,884 shares during the period.

Putnam Focused Large Cap Growth ETF Stock Performance

NYSEARCA PGRO opened at $47.71 on Monday. The company’s 50-day moving average price is $46.67 and its 200-day moving average price is $44.83. The stock has a market cap of $214.69 million, a PE ratio of 38.61 and a beta of 1.17. Putnam Focused Large Cap Growth ETF has a 12 month low of $38.70 and a 12 month high of $49.39.

Putnam Focused Large Cap Growth ETF 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.