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

Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) dropped 0.6% on Thursday . The stock traded as low as $31.21 and last traded at $31.30. Approximately 24,842 shares traded hands during mid-day 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 Stock Down 0.6 %

The company’s fifty day moving average is $32.16 and its two-hundred day moving average is $29.36. The firm has a market capitalization 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

Several hedge funds have recently bought and sold shares of PGRO. UBS Group AG acquired a new stake in Putnam Focused Large Cap Growth ETF in the third quarter worth $36,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Putnam Focused Large Cap Growth ETF by 37.2% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,804 shares of the company’s stock worth $110,000 after acquiring an additional 1,032 shares during the period. Citadel Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Growth ETF during the fourth quarter worth $297,000. Prosperity Financial Group Inc. bought a new position in Putnam Focused Large Cap Growth ETF in the third quarter valued at $401,000. Finally, Royal Bank of Canada grew its position 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 in 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.