Prosperity Financial Group Inc. Sells 4,747 Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

Prosperity Financial Group Inc. lowered its holdings in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 4.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,189 shares of the company’s stock after selling 4,747 shares during the quarter. Putnam Focused Large Cap Growth ETF accounts for about 2.3% of Prosperity Financial Group Inc.’s holdings, making the stock its 8th biggest position. Prosperity Financial Group Inc. owned about 6.23% of Putnam Focused Large Cap Growth ETF worth $4,047,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. increased its stake in Putnam Focused Large Cap Growth ETF by 29.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 16,102 shares of the company’s stock valued at $572,000 after purchasing an additional 3,673 shares in the last quarter. Professional Financial Advisors LLC increased its position in shares of Putnam Focused Large Cap Growth ETF by 4.6% in the third quarter. Professional Financial Advisors LLC now owns 71,809 shares of the company’s stock valued at $2,590,000 after buying an additional 3,154 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Putnam Focused Large Cap Growth ETF by 24.5% during the 2nd quarter. Cetera Investment Advisers now owns 85,954 shares of the company’s stock worth $3,051,000 after buying an additional 16,896 shares during the last quarter.

Putnam Focused Large Cap Growth ETF Stock Up 0.2 %

NYSEARCA PGRO opened at $37.79 on Monday. Putnam Focused Large Cap Growth ETF has a fifty-two week low of $27.66 and a fifty-two week high of $38.41. The business has a fifty day moving average of $36.66 and a 200-day moving average of $35.22. The stock has a market cap of $68.02 million, a price-to-earnings ratio of 46.68 and a beta of 1.25.

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.