Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Shares Sold by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC reduced its position in shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 8.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,560 shares of the company’s stock after selling 875 shares during the period. WealthCare Investment Partners LLC owned approximately 0.80% of Putnam Focused Large Cap Growth ETF worth $251,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Putnam Focused Large Cap Growth ETF by 9.3% during the third quarter. Royal Bank of Canada now owns 22,549 shares of the company’s stock worth $451,000 after acquiring an additional 1,918 shares during the period. Professional Financial Advisors LLC acquired a new position in Putnam Focused Large Cap Growth ETF during the second quarter worth about $1,488,000. Finally, Putnam Investments LLC grew its holdings in Putnam Focused Large Cap Growth ETF by 362.5% during the first quarter. Putnam Investments LLC now owns 925,000 shares of the company’s stock worth $21,208,000 after acquiring an additional 725,000 shares during the period.

Putnam Focused Large Cap Growth ETF Price Performance

NYSEARCA PGRO traded up $0.02 on Tuesday, hitting $26.01. 10,104 shares of the company were exchanged, compared to its average volume of 7,505. The company’s 50 day moving average price is $26.22 and its 200-day moving average price is $24.63. The firm has a market capitalization of $33.03 million, a P/E ratio of 28.68 and a beta of 1.14. Putnam Focused Large Cap Growth ETF has a twelve month low of $19.55 and a twelve month high of $27.18.

About Putnam Focused Large Cap Growth ETF

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.