Next Level Private LLC Has $3.72 Million Position in Putnam Focused Large Cap Growth ETF $PGRO

Next Level Private LLC increased its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 519.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 83,236 shares of the company’s stock after buying an additional 69,792 shares during the quarter. Putnam Focused Large Cap Growth ETF accounts for about 1.0% of Next Level Private LLC’s portfolio, making the stock its 24th biggest holding. Next Level Private LLC owned about 0.06% of Putnam Focused Large Cap Growth ETF worth $3,716,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PGRO. Smith Moore & CO. acquired a new position in Putnam Focused Large Cap Growth ETF during the third quarter worth $293,000. World Investment Advisors lifted its stake in Putnam Focused Large Cap Growth ETF by 25.5% in the third quarter. World Investment Advisors now owns 6,644 shares of the company’s stock valued at $295,000 after acquiring an additional 1,350 shares during the last quarter. Royal Bank of Canada acquired a new stake in Putnam Focused Large Cap Growth ETF in the first quarter valued at $489,000. Sequent Planning LLC bought a new position in shares of Putnam Focused Large Cap Growth ETF in the 3rd quarter valued at about $2,586,000. Finally, Benjamin Edwards Inc. grew its position in shares of Putnam Focused Large Cap Growth ETF by 21.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 69,943 shares of the company’s stock valued at $2,874,000 after acquiring an additional 12,567 shares during the period.

Putnam Focused Large Cap Growth ETF Price Performance

Putnam Focused Large Cap Growth ETF stock opened at $40.24 on Friday. The company’s 50-day moving average is $42.98 and its 200-day moving average is $43.98. The firm has a market capitalization of $59.56 million, a PE ratio of 38.61 and a beta of 1.15. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $29.92 and a fifty-two week high of $46.65.

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.