Sequent Planning LLC Has $3.51 Million Position in Putnam Focused Large Cap Growth ETF $PGRO

Sequent Planning LLC increased its stake in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 35.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,518 shares of the company’s stock after buying an additional 20,342 shares during the quarter. Putnam Focused Large Cap Growth ETF comprises approximately 0.9% of Sequent Planning LLC’s investment portfolio, making the stock its 28th biggest position. Sequent Planning LLC owned about 5.31% of Putnam Focused Large Cap Growth ETF worth $3,506,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Smith Moore & CO. acquired a new stake in shares of Putnam Focused Large Cap Growth ETF in the 3rd quarter valued at $293,000. Royal Bank of Canada acquired a new stake in shares of Putnam Focused Large Cap Growth ETF in the 1st quarter valued at $489,000. MGO One Seven LLC acquired a new stake in shares of Putnam Focused Large Cap Growth ETF in the 4th quarter valued at $1,580,000. Benjamin Edwards Inc. boosted its holdings 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 purchasing an additional 12,567 shares in the last quarter. Finally, Next Level Private LLC boosted its holdings in shares of 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 valued at $3,716,000 after purchasing an additional 69,792 shares in the last quarter.

Putnam Focused Large Cap Growth ETF Stock Performance

Shares of PGRO stock opened at $47.64 on Monday. The stock’s fifty day moving average price is $43.41 and its two-hundred day moving average price is $43.94. The company has a market cap of $111.95 million, a PE ratio of 38.61 and a beta of 1.16. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $37.59 and a fifty-two week high of $48.40.

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.