Next Level Private LLC Has $3.72 Million Position in Putnam Focused Large Cap Growth ETF $PGRO

Next Level Private LLC grew its holdings in Putnam Focused Large Cap Growth ETF (NYSEARCA:PGRO) by 519.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 83,236 shares of the company’s stock after buying an additional 69,792 shares during the quarter. Putnam Focused Large Cap Growth ETF makes up 1.0% of Next Level Private LLC’s portfolio, making the stock its 24th largest position. Next Level Private LLC owned 5.86% of Putnam Focused Large Cap Growth ETF worth $3,716,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. World Investment Advisors lifted its holdings in Putnam Focused Large Cap Growth ETF by 25.5% in the third quarter. World Investment Advisors now owns 6,644 shares of the company’s stock valued at $295,000 after buying an additional 1,350 shares during the period. Prosperity Financial Group Inc. grew its holdings in Putnam Focused Large Cap Growth ETF by 4.1% during the 3rd quarter. Prosperity Financial Group Inc. now owns 132,429 shares of the company’s stock worth $5,887,000 after acquiring an additional 5,163 shares during the period. Benjamin Edwards Inc. raised its position in shares of Putnam Focused Large Cap Growth ETF by 8.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 76,149 shares of the company’s stock valued at $3,385,000 after acquiring an additional 6,206 shares during the last quarter. Smith Moore & CO. bought a new stake in shares of Putnam Focused Large Cap Growth ETF during the 3rd quarter valued at $293,000. Finally, Royal Bank of Canada acquired a new position in shares of Putnam Focused Large Cap Growth ETF in the 1st quarter valued at $489,000.

Putnam Focused Large Cap Growth ETF Stock Down 1.9%

NYSEARCA:PGRO opened at $40.24 on Friday. Putnam Focused Large Cap Growth ETF has a 12-month low of $29.92 and a 12-month high of $46.65. The firm has a market capitalization of $59.56 million, a P/E ratio of 38.61 and a beta of 1.15. The stock’s fifty day simple moving average is $42.98 and its 200-day simple moving average is $43.98.

Putnam Focused Large Cap Growth ETF Company 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.