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Putnam Focused Large Cap Growth ETF (PGRO)
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Upturn Advisory Summary
11/05/2025: PGRO (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 62.29% | Avg. Invested days 88 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.1 | 52 Weeks Range 29.92 - 40.92 | Updated Date 06/29/2025 |
52 Weeks Range 29.92 - 40.92 | Updated Date 06/29/2025 |
Upturn AI SWOT
Putnam Focused Large Cap Growth ETF
ETF Overview
Overview
The Putnam Focused Large Cap Growth ETF (PGRO) seeks long-term capital appreciation by investing in a focused portfolio of large-cap U.S. growth stocks. The fund actively selects companies with strong growth potential, focusing on a relatively small number of holdings to maximize returns.
Reputation and Reliability
Putnam Investments is a well-established asset management firm with a long history in the industry. They are generally considered reputable and reliable.
Management Expertise
Putnam has a dedicated team of investment professionals with experience in growth investing and portfolio management.
Investment Objective
Goal
To seek long-term capital appreciation.
Investment Approach and Strategy
Strategy: The ETF employs an active management strategy focused on identifying and investing in large-cap U.S. growth stocks.
Composition The ETF primarily holds U.S. large-cap growth stocks.
Market Position
Market Share: Data on PGRO's exact market share within the broader large-cap growth ETF category is not widely or easily available.
Total Net Assets (AUM): 163430721
Competitors
Key Competitors
- VUG
- IWF
- SCHG
Competitive Landscape
The large-cap growth ETF market is highly competitive, with numerous well-established and popular funds. PGRO competes with established index-tracking funds like VUG and IWF. PGRO differentiates itself through its focused, actively managed approach, which may lead to higher returns but also potentially higher volatility. Competing on the same market as the index heavyweights, PGRO is smaller in scale, so it needs to outperform to retain and attract new capital.
Financial Performance
Historical Performance: Historical performance data can be sourced from financial data providers. Performance will vary based on market conditions. Numbers vary day to day.
Benchmark Comparison: The ETF's performance should be compared to a relevant large-cap growth index like the Russell 1000 Growth Index.
Expense Ratio: 0.59
Liquidity
Average Trading Volume
PGRO's average trading volume is moderate and indicates adequate liquidity for most investors.
Bid-Ask Spread
The bid-ask spread will fluctuate based on market conditions and demand, but is generally reasonable due to its growing AUM.
Market Dynamics
Market Environment Factors
Economic growth, interest rates, inflation, and sector-specific trends influence PGRO's performance. Technology and consumer discretionary sectors tend to have a large influence.
Growth Trajectory
PGRO's growth depends on its ability to consistently select high-growth companies. Actively re-evaluating and optimizing its holdings is critical.
Moat and Competitive Advantages
Competitive Edge
PGROu2019s competitive edge lies in its focused, active management approach and Putnam's stock selection expertise. By concentrating on a smaller number of holdings, the fund aims to outperform broader market indices. This active approach allows for potential alpha generation through tactical stock picking and adjustments based on market conditions and company-specific fundamentals. Putnam's research capabilities and experience in growth investing further strengthen its ability to identify and capitalize on promising growth opportunities. The concentrated portfolio aims to maximize the potential for higher returns but has a greater risk profile.
Risk Analysis
Volatility
PGRO's focused approach may lead to higher volatility compared to more diversified large-cap growth ETFs.
Market Risk
PGRO is exposed to market risk associated with large-cap U.S. equities, particularly growth stocks. Sector concentration adds another layer of risk.
Investor Profile
Ideal Investor Profile
PGRO is suitable for investors seeking long-term capital appreciation and willing to accept higher volatility in exchange for the potential for above-average returns.
Market Risk
PGRO is best suited for long-term investors with a growth-oriented investment objective and a higher risk tolerance.
Summary
The Putnam Focused Large Cap Growth ETF is an actively managed ETF that seeks long-term capital appreciation by investing in a focused portfolio of U.S. large-cap growth stocks. Its concentrated approach and active management strategy differentiate it from passively managed index funds, with the potential for outperformance. Investors should be aware of the higher volatility associated with a focused portfolio and only add this ETF if it aligns with their risk tolerance and investment goals. PGRO offers exposure to a carefully selected group of growth companies guided by Putnam's research.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Putnam Investments Website
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions. Market share data and AUM are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Putnam Focused Large Cap Growth ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.