Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Stake Lifted by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. boosted its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 3.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,297 shares of the company’s stock after purchasing an additional 4,108 shares during the quarter. Putnam Focused Large Cap Growth ETF comprises about 2.2% of Prosperity Financial Group Inc.’s portfolio, making the stock its 7th biggest position. Prosperity Financial Group Inc. owned 0.06% of Putnam Focused Large Cap Growth ETF worth $4,511,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Benjamin Edwards Inc. purchased a new position in Putnam Focused Large Cap Growth ETF during the 3rd quarter worth $1,024,000. Next Level Private LLC purchased a new position in Putnam Focused Large Cap Growth ETF during the 4th quarter worth $632,000. Finally, Elevation Capital Advisory LLC purchased a new position in Putnam Focused Large Cap Growth ETF during the 4th quarter worth $297,000.

Putnam Focused Large Cap Growth ETF Price Performance

Shares of PGRO stock opened at $34.81 on Wednesday. Putnam Focused Large Cap Growth ETF has a 1-year low of $30.41 and a 1-year high of $40.43. The stock’s fifty day moving average price is $38.79 and its 200 day moving average price is $37.65. The company has a market cap of $61.96 million, a price-to-earnings ratio of 38.57 and a beta of 1.13.

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.