Advisory Resource Group Sells 1,198 Shares of PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG)

Advisory Resource Group lessened its stake in shares of PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 78,722 shares of the company’s stock after selling 1,198 shares during the period. PGIM Jennison Focused Growth ETF accounts for 1.5% of Advisory Resource Group’s holdings, making the stock its 13th largest position. Advisory Resource Group owned about 0.07% of PGIM Jennison Focused Growth ETF worth $7,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. OneAscent Wealth Management LLC increased its holdings in PGIM Jennison Focused Growth ETF by 3.5% during the 3rd quarter. OneAscent Wealth Management LLC now owns 6,412 shares of the company’s stock valued at $577,000 after purchasing an additional 216 shares in the last quarter. CWM LLC increased its holdings in PGIM Jennison Focused Growth ETF by 78.8% during the 2nd quarter. CWM LLC now owns 844 shares of the company’s stock valued at $75,000 after purchasing an additional 372 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in PGIM Jennison Focused Growth ETF by 41.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,760 shares of the company’s stock valued at $335,000 after purchasing an additional 1,093 shares in the last quarter. Finally, Prosperity Financial Group Inc. acquired a new stake in PGIM Jennison Focused Growth ETF during the 3rd quarter valued at $890,000.

PGIM Jennison Focused Growth ETF Stock Performance

NYSEARCA PJFG opened at $97.40 on Wednesday. The stock has a fifty day moving average of $93.22 and a 200-day moving average of $89.45. The stock has a market capitalization of $104.22 million, a P/E ratio of 44.30 and a beta of 1.41. PGIM Jennison Focused Growth ETF has a 52 week low of $70.01 and a 52 week high of $98.97.

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.