Sequent Planning LLC Acquires 23,021 Shares of Putnam Focused Large Cap Growth ETF $PGRO

by · The Markets Daily

Sequent Planning LLC raised its holdings in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGROFree Report) by 29.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,539 shares of the company’s stock after buying an additional 23,021 shares during the period. Putnam Focused Large Cap Growth ETF comprises approximately 1.0% of Sequent Planning LLC’s portfolio, making the stock its 23rd largest position. Sequent Planning LLC owned about 6.27% of Putnam Focused Large Cap Growth ETF worth $4,091,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in shares of Putnam Focused Large Cap Growth ETF by 23.0% in the 4th quarter. Cetera Investment Advisers now owns 347,293 shares of the company’s stock valued at $15,505,000 after acquiring an additional 64,869 shares during the last quarter. Prosperity Financial Group Inc. boosted its holdings in Putnam Focused Large Cap Growth ETF by 4.1% during the 3rd quarter. Prosperity Financial Group Inc. now owns 132,429 shares of the company’s stock valued at $5,887,000 after acquiring an additional 5,163 shares during the period. Benjamin Edwards Inc. grew its position in Putnam Focused Large Cap Growth ETF by 22.2% during the 4th quarter. Benjamin Edwards Inc. now owns 93,033 shares of the company’s stock worth $4,154,000 after acquiring an additional 16,884 shares during the last quarter. Next Level Private LLC increased its stake in Putnam Focused Large Cap Growth ETF by 519.1% in the 4th quarter. Next Level Private LLC now owns 83,236 shares of the company’s stock worth $3,716,000 after purchasing an additional 69,792 shares during the period. Finally, HighTower Advisors LLC bought a new stake in Putnam Focused Large Cap Growth ETF in the fourth quarter valued at approximately $1,825,000.

Putnam Focused Large Cap Growth ETF Stock Performance

NYSEARCA:PGRO opened at $45.99 on Friday. The firm has a market cap of $108.08 million, a PE ratio of 38.61 and a beta of 1.17. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $38.70 and a fifty-two week high of $49.39. The business has a 50 day moving average price of $46.99 and a 200-day moving average price of $44.48.

Putnam Focused Large Cap Growth ETF Profile

(Free Report)

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.

Further Reading

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