Putnam Focused Large Cap Growth ETF (PGRO)
| Assets | $9.16M |
| NAV | $20.35 |
| Expense Ratio | 0.55% |
| PE Ratio | 41.20 |
| Shares Out | 450,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -25.93% |
| Volume | 2 |
| Open | 20.54 |
| Previous Close | 20.45 |
| Day's Range | 20.45 - 20.54 |
| 52-Week Low | 19.76 |
| 52-Week High | 30.04 |
| Beta | 1.18 |
| Holdings | 42 |
| Inception Date | May 25, 2021 |
About PGRO
The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fund's net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fund's investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a company's valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.
Top 10 Holdings
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News
New Global Survey Finds Biggest Investors Support Diversity and Engagement
A recent survey of 800 investors globally, ranging from small businesses to large firms, has found that ESG remains a focus for investors for various reasons. The survey by RBC Global Asset Management r...
PGRO Circumvents the E-Commerce Disruption for Box Stores
The pandemic has led to a boom in online shopping and e-commerce, but retailers are focusing more than ever on brick and mortar stores, particularly as the shopping center as a hub for consumers flouris...
Pets a Big Boon in Pandemic as Pet Care Industry Thrives
The COVID-19 pandemic caused widespread economic shutdown beginning last year as millions of people were forced to work from home. Out of the isolation came big boosts in pet ownership and adoption glob...
Investing with Conviction and Principle: A Q&A with Putnam Investments
This spring, long-time mutual fund issuer Putnam Investments debuted its first ETFs, based on four of its leading equity mutual fund strategies. The initial launch included two ESG-focused ETFs, the Pu...
Stewardship an Increasingly Integral Part of Investing
A recent report from Accenture found that investment stewardship is changing, reported Institutional Investor. The report found that 92% of the asset managers surveyed are looking to upgrade the way tha...
ETF of the Week: Putnam Focused Large Cap Growth ETF (PGRO)
ETF Trends CEO Tom Lydon discussed the Putnam Focused Large Cap Growth ETF (PGRO) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. PGRO is an actively managed, non-transp...
Putnam Investments Q&A – Discussing Their New Active ETFs
Last week Putnam Investments released a suite of ETFs focused on mutual funds and investment trusts. ETF Trends was able to speak with Carlo Forcione, Head of Product Strategy at Putnam, about the launc...
Putnam Investments Launches Firm's First Active ETFs
On Wednesday, Putnam Investments announced the debut of its first actively managed ETFs, which are based on four of its leading equity strategies. The new ETFs – the Putnam Sustainable Leaders ETF (PLDR...