Professional Financial Advisors LLC Reduces Position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

Professional Financial Advisors LLC lessened its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 71,052 shares of the company’s stock after selling 757 shares during the quarter. Putnam Focused Large Cap Growth ETF accounts for 0.7% of Professional Financial Advisors LLC’s portfolio, making the stock its 22nd largest position. Professional Financial Advisors LLC owned approximately 3.95% of Putnam Focused Large Cap Growth ETF worth $2,756,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of PGRO. Benjamin Edwards Inc. purchased a new stake in Putnam Focused Large Cap Growth ETF in the 3rd quarter worth $1,024,000. Cetera Investment Advisers raised its holdings in Putnam Focused Large Cap Growth ETF by 24.5% in the 2nd quarter. Cetera Investment Advisers now owns 85,954 shares of the company’s stock valued at $3,051,000 after acquiring an additional 16,896 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Putnam Focused Large Cap Growth ETF by 29.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 16,102 shares of the company’s stock worth $572,000 after purchasing an additional 3,673 shares in the last quarter.

Putnam Focused Large Cap Growth ETF Stock Performance

NYSEARCA:PGRO opened at $38.22 on Tuesday. Putnam Focused Large Cap Growth ETF has a one year low of $29.16 and a one year high of $40.43. The stock has a market cap of $68.80 million, a PE ratio of 46.68 and a beta of 1.25. The stock has a 50 day moving average price of $38.71 and a 200 day moving average price of $36.49.

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.