Sequent Planning LLC Boosts Stock Position in Putnam Focused Large Cap Growth ETF $PGRO

Sequent Planning LLC lifted its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 29.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,539 shares of the company’s stock after purchasing an additional 23,021 shares during the period. Putnam Focused Large Cap Growth ETF accounts for approximately 1.0% of Sequent Planning LLC’s portfolio, making the stock its 23rd largest position. Sequent Planning LLC owned 0.06% of Putnam Focused Large Cap Growth ETF worth $4,091,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Royal Bank of Canada increased its holdings in Putnam Focused Large Cap Growth ETF by 496.8% during the 4th quarter. Royal Bank of Canada now owns 6,081 shares of the company’s stock valued at $271,000 after purchasing an additional 5,062 shares during the period. Smith Moore & CO. purchased a new stake in Putnam Focused Large Cap Growth ETF in the 3rd quarter worth approximately $293,000. MGO One Seven LLC purchased a new stake in Putnam Focused Large Cap Growth ETF in the 4th quarter worth approximately $1,580,000. HighTower Advisors LLC purchased a new stake in Putnam Focused Large Cap Growth ETF in the 4th quarter worth approximately $1,825,000. 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 worth $2,874,000 after buying an additional 12,567 shares during the last quarter.

Putnam Focused Large Cap Growth ETF Stock Performance

PGRO opened at $45.99 on Friday. Putnam Focused Large Cap Growth ETF has a 52-week low of $38.70 and a 52-week high of $49.39. The stock has a market capitalization of $108.08 million, a PE ratio of 38.61 and a beta of 1.17. The stock’s 50 day moving average price is $46.99 and its 200-day moving average price is $44.48.

Putnam Focused Large Cap Growth ETF 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.