PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG) Trading 1.7% Higher – What’s Next?

PGIM Jennison Focused Growth ETF (NYSEARCA:PJFGGet Free Report)’s share price shot up 1.7% during mid-day trading on Thursday . The company traded as high as $119.71 and last traded at $119.70. 1,335 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 4,002 shares. The stock had previously closed at $117.67.

PGIM Jennison Focused Growth ETF Price Performance

The stock’s 50-day moving average price is $107.66 and its 200-day moving average price is $108.12. The company has a market cap of $154.41 million, a P/E ratio of 39.69 and a beta of 1.26.

Institutional Investors Weigh In On PGIM Jennison Focused Growth ETF

A number of institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC boosted its position in shares of PGIM Jennison Focused Growth ETF by 1,051.2% in the first quarter. Kestra Advisory Services LLC now owns 2,901 shares of the company’s stock valued at $282,000 after acquiring an additional 2,649 shares during the period. Prosperity Bancshares Inc bought a new stake in PGIM Jennison Focused Growth ETF during the fourth quarter worth about $29,000. Motiv8 Investments LLC bought a new stake in PGIM Jennison Focused Growth ETF during the fourth quarter worth about $36,000. Stifel Financial Corp lifted its position in PGIM Jennison Focused Growth ETF by 232.9% during the fourth quarter. Stifel Financial Corp now owns 8,456 shares of the company’s stock worth $941,000 after purchasing an additional 5,916 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its position in PGIM Jennison Focused Growth ETF by 81.8% during the fourth quarter. J.W. Cole Advisors Inc. now owns 9,139 shares of the company’s stock worth $1,016,000 after purchasing an additional 4,111 shares during the period.

PGIM Jennison Focused Growth ETF Company Profile

(Get Free Report)

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.

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