Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Shares Down 0.9%

Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) traded down 0.9% during trading on Tuesday . The stock traded as low as $26.29 and last traded at $26.29. 650 shares traded hands during trading, a decline of 91% from the average session volume of 7,090 shares. The stock had previously closed at $26.53.

Putnam Focused Large Cap Growth ETF Stock Performance

The firm has a market cap of $33.39 million, a P/E ratio of 28.68 and a beta of 1.14. The firm’s fifty day moving average is $26.20 and its 200 day moving average is $24.46.

Institutional Trading of Putnam Focused Large Cap Growth ETF

A number of institutional investors have recently bought and sold shares of the business. 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 worth $21,208,000 after acquiring an additional 725,000 shares during the period. Professional Financial Advisors LLC acquired a new position in Putnam Focused Large Cap Growth ETF during the 2nd quarter worth approximately $1,488,000. Finally, Royal Bank of Canada increased its position in Putnam Focused Large Cap Growth ETF by 575.4% during the 1st quarter. Royal Bank of Canada now owns 36,379 shares of the company’s stock worth $964,000 after purchasing an additional 30,993 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.