WealthCare Investment Partners LLC Sells 500 Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

WealthCare Investment Partners LLC lowered its stake in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,174 shares of the company’s stock after selling 500 shares during the quarter. WealthCare Investment Partners LLC owned approximately 0.45% of Putnam Focused Large Cap Growth ETF worth $291,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its position in shares of Putnam Focused Large Cap Growth ETF by 36.4% in the first quarter. Janney Montgomery Scott LLC now owns 116,686 shares of the company’s stock valued at $3,816,000 after acquiring an additional 31,170 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Putnam Focused Large Cap Growth ETF by 29.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 16,102 shares of the company’s stock worth $572,000 after purchasing an additional 3,673 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Putnam Focused Large Cap Growth ETF by 24.5% in the second quarter. Cetera Investment Advisers now owns 85,954 shares of the company’s stock worth $3,051,000 after purchasing an additional 16,896 shares during the period.

Putnam Focused Large Cap Growth ETF Stock Performance

NYSEARCA:PGRO opened at $36.30 on Wednesday. Putnam Focused Large Cap Growth ETF has a 52-week low of $24.26 and a 52-week high of $36.98. The stock has a fifty day moving average of $34.70 and a 200 day moving average of $34.04. The firm has a market capitalization of $65.34 million, a price-to-earnings ratio of 46.68 and a beta of 1.25.

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.