Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) Stock Short Interest Report for September

Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 5,356 shares, a drop of 66.4% from the September 15th total of 15,950 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 110,076 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Putnam Focused Large Cap Growth ETF

Hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers increased its position in shares of Putnam Focused Large Cap Growth ETF by 18.8% during the first quarter. Cetera Investment Advisers now owns 412,528 shares of the company’s stock worth $16,621,000 after purchasing an additional 65,235 shares in the last quarter. Next Level Private LLC boosted its position in shares of Putnam Focused Large Cap Growth ETF by 30.3% in the 2nd quarter. Next Level Private LLC now owns 268,851 shares of the company’s stock valued at $12,813,000 after purchasing an additional 62,583 shares during the period. RFG Advisory LLC acquired a new stake in shares of Putnam Focused Large Cap Growth ETF in the 2nd quarter valued at about $12,593,000. Sequent Planning LLC boosted its position in shares of Putnam Focused Large Cap Growth ETF by 29.3% in the 1st quarter. Sequent Planning LLC now owns 101,539 shares of the company’s stock valued at $4,091,000 after purchasing an additional 23,021 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in Putnam Focused Large Cap Growth ETF by 104.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 15,708 shares of the company’s stock worth $749,000 after buying an additional 8,037 shares during the last quarter.

Putnam Focused Large Cap Growth ETF Trading Down 0.6%

NYSEARCA:PGRO traded down $0.30 during midday trading on Monday, hitting $48.90. 4,435 shares of the company were exchanged, compared to its average volume of 31,625. The company has a fifty day simple moving average of $47.43 and a 200 day simple moving average of $46.31. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $38.70 and a fifty-two week high of $49.67. The company has a market capitalization of $221.51 million, a PE ratio of 38.61 and a beta of 1.16.

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.