PGIM Jennison Focused Growth ETF Acquires New Position – Envestnet Portfolio Solutions Inc.
Are you looking for a diverse investment opportunity that focuses on growth stocks from around the world? Look no further than the PGIM Jennison Focused Growth ETF (NYSEARCA:PJFG). This actively managed exchange-traded fund has caught the attention of Envestnet Portfolio Solutions Inc. and Berger Financial Group Inc., as they have recently acquired new positions in the company.
Envestnet Portfolio Solutions Inc. acquired 3,125 shares of PGIM Jennison Focused Growth ETF, while Berger Financial Group Inc. increased its holdings by 3.3% in the fourth quarter. With these new acquisitions, it’s clear that investors see potential in the growth prospects of this ETF.
In terms of stock performance, PGIM Jennison Focused Growth ETF opened at $84.56 on Monday. With a 52-week low of $59.85 and a high of $84.75, this ETF has shown strong performance over the past year. The fund has a market capitalization of $90.48 million, a PE ratio of 44.30, and a beta of 1.41, making it an attractive option for investors seeking growth opportunities.
The PGIM Jennison Focused Growth ETF primarily invests in total market equity and provides exposure to a narrow basket of growth stocks from across the globe. Managed by PGIM, this ETF was launched on Dec 12, 2022, and has quickly gained attention from investors looking to diversify their portfolios with growth-focused investments.
If you’re interested in learning more about the holdings of PGIM Jennison Focused Growth ETF and want to stay updated on the latest news and analyst ratings, be sure to visit HoldingsChannel.com. Sign up to receive a daily summary of news and ratings for PGIM Jennison Focused Growth ETF and related companies through MarketBeat.com’s free daily email newsletter.
Don’t miss out on this opportunity to explore the potential growth opportunities offered by PGIM Jennison Focused Growth ETF. With a focus on growth stocks and a global perspective, this ETF could be a valuable addition to your investment portfolio.
