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

Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) fell 0.9% on Tuesday . The company traded as low as $26.29 and last traded at $26.29. 650 shares were traded 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 Up 0.5 %

The stock has a market cap of $33.39 million, a P/E ratio of 28.68 and a beta of 1.14. The firm has a 50 day simple moving average of $26.21 and a 200-day simple moving average of $24.50.

Institutional Investors Weigh In On Putnam Focused Large Cap Growth ETF

A number of large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in Putnam Focused Large Cap Growth ETF by 9.3% during the third quarter. Royal Bank of Canada now owns 22,549 shares of the company’s stock worth $451,000 after purchasing an additional 1,918 shares during the period. Professional Financial Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Growth ETF during the 2nd quarter worth about $1,488,000. Finally, Putnam Investments LLC boosted 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 buying an additional 725,000 shares during the period.

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.