Janney Montgomery Scott LLC Sells 72,411 Shares of Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO)

Janney Montgomery Scott LLC decreased its stake in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 63.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,325 shares of the company’s stock after selling 72,411 shares during the period. Janney Montgomery Scott LLC owned 2.35% of Putnam Focused Large Cap Growth ETF worth $1,527,000 as of its most recent filing with the Securities and Exchange Commission.

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

Putnam Focused Large Cap Growth ETF Trading Down 0.7 %

PGRO stock opened at $38.04 on Friday. The firm has a market cap of $68.47 million, a PE ratio of 46.68 and a beta of 1.25. The stock has a 50-day moving average price of $36.27 and a 200-day moving average price of $34.94. Putnam Focused Large Cap Growth ETF has a 1-year low of $27.28 and a 1-year high of $38.41.

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.