PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Stock Price Up 1.1% – What’s Next?

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) shares were up 1.1% on Tuesday . The company traded as high as $117.39 and last traded at $117.19. Approximately 1,786 shares traded hands during trading, a decline of 58% from the average daily volume of 4,264 shares. The stock had previously closed at $115.97.

PGIM Jennison Focused Growth ETF Price Performance

The stock’s 50-day moving average price is $115.91 and its 200-day moving average price is $109.27. The company has a market cap of $146.27 million, a P/E ratio of 39.69 and a beta of 1.29.

Institutional Trading of PGIM Jennison Focused Growth ETF

A number of institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new position in shares of PGIM Jennison Focused Growth ETF during the 3rd quarter worth approximately $27,000. Kestra Advisory Services LLC acquired a new stake in shares of PGIM Jennison Focused Growth ETF in the fourth quarter valued at approximately $28,000. Prosperity Bancshares Inc bought a new stake in shares of PGIM Jennison Focused Growth ETF in the fourth quarter valued at approximately $29,000. Motiv8 Investments LLC bought a new stake in shares of PGIM Jennison Focused Growth ETF in the fourth quarter valued at approximately $36,000. Finally, CWM LLC grew its position in PGIM Jennison Focused Growth ETF by 8.7% during the fourth quarter. CWM LLC now owns 3,643 shares of the company’s stock worth $405,000 after buying an additional 293 shares in the last quarter.

About PGIM Jennison Focused Growth ETF

The PGIM Jennison Focused Growth ETF (PJFG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of growth stocks from all over the world. PJFG was launched on Dec 12, 2022 and is managed by PGIM.