Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO – Get Rating) traded up 0% on Monday . The company traded as high as $24.31 and last traded at $24.21. 1,477 shares traded hands during trading, a decline of 86% from the average session volume of 10,246 shares. The stock had previously closed at $24.21.
Putnam Focused Large Cap Growth ETF Price Performance
The business’s 50-day moving average price is $22.94 and its two-hundred day moving average price is $21.70. The firm has a market cap of $28.33 million, a price-to-earnings ratio of 28.68 and a beta of 1.14.
Hedge Funds Weigh In On Putnam Focused Large Cap Growth ETF
Several large investors have recently added to or reduced their stakes in the company. Mayflower Financial Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter valued at about $209,000. Royal Bank of Canada lifted its holdings 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 buying an additional 1,918 shares during the last quarter. Finally, Putnam Investments LLC lifted its holdings in shares of Putnam Focused Large Cap Growth ETF by 362.5% during the 1st quarter. Putnam Investments LLC now owns 925,000 shares of the company’s stock valued at $21,208,000 after buying an additional 725,000 shares during the last quarter.
About Putnam Focused Large Cap Growth ETF
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.
Further Reading
- Get a free copy of the StockNews.com research report on Putnam Focused Large Cap Growth ETF (PGRO)
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