Putnam Investments LLC Has $21.21 Million Stock Position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

Putnam Investments LLC raised its position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 362.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 925,000 shares of the company’s stock after acquiring an additional 725,000 shares during the period. Putnam Investments LLC owned approximately 79.06% of Putnam Focused Large Cap Growth ETF worth $21,208,000 as of its most recent filing with the SEC.

Separately, Royal Bank of Canada grew its stake 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 acquiring an additional 1,918 shares during the period.

Putnam Focused Large Cap Growth ETF Stock Performance

Shares of Putnam Focused Large Cap Growth ETF stock opened at $26.41 on Friday. Putnam Focused Large Cap Growth ETF has a 52 week low of $19.55 and a 52 week high of $27.18. The stock has a 50 day moving average price of $26.21 and a two-hundred day moving average price of $24.52. The stock has a market capitalization of $33.54 million, a PE ratio of 28.68 and a beta of 1.14.

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.