Cetera Investment Advisers Has $16.62 Million Stock Position in Putnam Focused Large Cap Growth ETF $PGRO

Cetera Investment Advisers grew its position in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 18.8% in the first quarter, Holdings Channel.com reports. The fund owned 412,528 shares of the company’s stock after buying an additional 65,235 shares during the period. Cetera Investment Advisers owned approximately 0.18% of Putnam Focused Large Cap Growth ETF worth $16,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PGRO. Royal Bank of Canada increased its position in shares of 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 worth $271,000 after purchasing an additional 5,062 shares in the last quarter. Smith Moore & CO. raised its holdings in shares of Putnam Focused Large Cap Growth ETF by 15.4% in the fourth quarter. Smith Moore & CO. now owns 7,609 shares of the company’s stock valued at $340,000 after buying an additional 1,017 shares during the last quarter. MGO One Seven LLC acquired a new position in Putnam Focused Large Cap Growth ETF during the 4th quarter worth about $1,580,000. HighTower Advisors LLC acquired a new position in Putnam Focused Large Cap Growth ETF during the 4th quarter worth about $1,825,000. Finally, Benjamin Edwards Inc. lifted its position in Putnam Focused Large Cap Growth ETF by 21.9% during 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 in the last quarter.

Putnam Focused Large Cap Growth ETF Stock Down 0.5%

Shares of NYSEARCA:PGRO opened at $44.61 on Wednesday. The firm has a market cap of $107.96 million, a P/E ratio of 38.61 and a beta of 1.17. Putnam Focused Large Cap Growth ETF has a 12 month low of $38.70 and a 12 month high of $49.39. The company’s 50-day moving average price is $46.96 and its two-hundred day moving average price is $44.72.

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.