PGRO - ETF AI Analysis
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Putnam Focused Large Cap Growth ETF (PGRO)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Growth Leaders in Top Holdings
Several of the largest positions, especially in technology and healthcare, have shown strong recent performance, helping support the ETF’s overall returns.
Focused Exposure to Innovative Tech
Nearly half of the fund is invested in leading technology companies, giving investors targeted exposure to businesses driving long-term innovation and growth.
Concentrated Yet Multi-Sector Mix
While the fund is focused, it still spreads assets across multiple sectors like communication services, consumer companies, and healthcare, which can help cushion weakness in any one area.
Negative Factors
High Concentration in a Few Stocks
A small number of large positions make up a big share of the portfolio, so problems at these companies could have an outsized impact on the ETF.
Heavy Tilt Toward Technology
With almost half of the fund in technology, the ETF is very sensitive to swings in the tech sector and may fall sharply if investor sentiment turns against growth stocks.
Mixed Performance Among Top Holdings
Some major positions have shown weak or negative recent performance, which can drag on the fund even when other holdings are doing well.
PGRO vs. SPDR S&P 500 ETF (SPY)
AUM214.29M
RegionNorth America
Expense Ratio0.49%
Beta1.25
IssuerPutnam
Inception DateMay 25, 2021
Dividend Yield0.02%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,342
30 Day Avg. Volume47,588
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
59.38Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PGRO Summary
Putnam Focused Large Cap Growth ETF (PGRO) is an exchange-traded fund that invests in large, fast-growing U.S. companies instead of tracking a specific index. It mainly holds big technology and communication firms, with top positions in well-known names like Nvidia and Alphabet (Google). Investors might consider PGRO if they want long-term growth from leading companies that are driving innovation, while still owning a basket of stocks instead of just one. A key risk is that the fund is heavily tilted toward tech and growth stocks, so its price can rise and fall sharply with changes in the tech sector and overall market.
How much will it cost me?The Putnam Focused Large Cap Growth ETF (PGRO) has an expense ratio of 0.49%, meaning you’ll pay $4.90 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, aiming to select and maintain a focused portfolio of high-potential large-cap growth stocks.
What would affect this ETF?PGRO's focus on large-cap growth stocks, particularly in technology and communication services, positions it to benefit from innovation and strong consumer demand in these sectors. However, rising interest rates or regulatory changes targeting tech giants like Nvidia, Microsoft, and Apple could negatively impact growth prospects. Additionally, economic slowdowns or shifts in consumer spending could affect companies in cyclical sectors like Amazon and Tesla.
PGRO Top 10 Holdings
PGRO is riding the AI and Big Tech wave, with Nvidia, Microsoft, and Micron acting as the main engines of recent gains, all benefiting from strong momentum in chips and cloud. Lam Research is another bright spot, reinforcing the fund’s heavy tilt toward semiconductor names. On the flip side, Meta has been lagging and Broadcom looks a bit tired lately, tempering some of that strength, while Apple feels more steady than exciting. With a clear U.S.-focused, technology-heavy profile, this ETF lives and dies by the fortunes of America’s AI and growth leaders.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.17% | $30.36M | $5.07T | 26.54% | 76 Outperform | |
| Alphabet Class A | 9.46% | $20.26M | $4.17T | 64.84% | 85 Outperform | |
| Apple | 6.19% | $13.27M | $4.57T | 35.27% | 79 Outperform | |
| Broadcom | 5.23% | $11.21M | $1.69T | 20.38% | 76 Outperform | |
| Microsoft | 5.08% | $10.89M | $3.69T | -2.60% | 79 Outperform | |
| Eli Lilly & Co | 4.59% | $9.83M | $1.12T | 62.50% | 72 Outperform | |
| Meta Platforms | 3.75% | $8.03M | $1.47T | -23.96% | 76 Outperform | |
| Lam Research | 3.40% | $7.29M | $391.51B | 206.06% | 77 Outperform | |
| Mastercard | 3.23% | $6.93M | $524.27B | 0.21% | 75 Outperform | |
| Micron | 3.05% | $6.54M | $1.06T | 666.71% | 79 Outperform |
PGRO Technical Analysis
Positive
―
Price Trends
46.58
Positive
46.55
Positive
44.95
Positive
Market Momentum
0.12
Positive
51.77
Neutral
39.47
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PGRO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 47.19, equal to the 50-day MA of 46.58, and equal to the 200-day MA of 44.95, indicating a neutral trend. The MACD of 0.12 indicates Positive momentum. The RSI at 51.77 is Neutral, neither overbought nor oversold. The STOCH value of 39.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PGRO.
PGRO Peer Comparison
Comparison Results
Performance Comparison
PGRO
Putnam Focused Large Cap Growth ETF
47.00
4.59
10.82%
QDVO
Amplify CWP Growth & Income ETF
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FLCG
Federated Hermes MDT Large Cap Growth ETF
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CAML
Congress Large Cap Growth ETF
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LRGE
ClearBridge Large Cap Growth ESG ETF
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CARK
CastleArk Large Growth ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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