PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Shares Sold by Advisory Resource Group

Advisory Resource Group decreased its holdings in PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) by 11.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,368 shares of the company’s stock after selling 9,354 shares during the period. PGIM Jennison Focused Growth ETF comprises approximately 1.4% of Advisory Resource Group’s portfolio, making the stock its 16th largest position. Advisory Resource Group owned 6.48% of PGIM Jennison Focused Growth ETF worth $6,598,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PJFG. OneAscent Wealth Management LLC boosted its stake in PGIM Jennison Focused Growth ETF by 3.5% in the third quarter. OneAscent Wealth Management LLC now owns 6,412 shares of the company’s stock valued at $577,000 after acquiring an additional 216 shares in the last quarter. CWM LLC boosted its stake in PGIM Jennison Focused Growth ETF by 161.3% in the third quarter. CWM LLC now owns 2,205 shares of the company’s stock valued at $198,000 after acquiring an additional 1,361 shares in the last quarter. Prosperity Financial Group Inc. acquired a new position in PGIM Jennison Focused Growth ETF in the third quarter valued at $890,000. Finally, Fermata Advisors LLC acquired a new position in PGIM Jennison Focused Growth ETF in the fourth quarter valued at $2,815,000.

PGIM Jennison Focused Growth ETF Stock Performance

Shares of NYSEARCA:PJFG opened at $99.17 on Friday. The company has a 50-day simple moving average of $97.52 and a 200-day simple moving average of $92.17. PGIM Jennison Focused Growth ETF has a one year low of $76.07 and a one year high of $100.56. The stock has a market capitalization of $106.11 million, a price-to-earnings ratio of 44.30 and a beta of 1.41.

PGIM Jennison Focused Growth ETF Profile

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.