Putnam Focused Large Etf Profile
| PGRO Etf | USD 32.50 0.44 1.37% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Putnam Focused is selling at 32.50 as of the 7th of May 2024; that is 1.37 percent increase since the beginning of the trading day. The etf's open price was 32.06. Putnam Focused has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Putnam Focused Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of February 2024 and ending today, the 7th of May 2024. Click here to learn more.
The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Putnam Focused is traded on NYSEARCA Exchange in the United States. More on Putnam Focused Large
Moving together with Putnam Etf
| 0.99 | VUG | Vanguard Growth Index | PairCorr |
| 0.99 | IWF | iShares Russell 1000 | PairCorr |
| 0.86 | IVW | iShares SP 500 Sell-off Trend | PairCorr |
| 0.97 | SPYG | SPDR Portfolio SP Sell-off Trend | PairCorr |
| 0.96 | IUSG | iShares Core SP | PairCorr |
| 0.99 | VONG | Vanguard Russell 1000 | PairCorr |
| 0.86 | MGK | Vanguard Mega Cap | PairCorr |
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RefreshPutnam Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Focused's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Focused or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Growth, Putnam (View all Sectors) |
| Issuer | Putnam Investments |
| Inception Date | 2021-05-25 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 58.52 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Putnam Investment Management LLC |
| Advisor | Putnam Investment Management, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Richard Bodzy, Gregory McCullough |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 12.2 |
| Name | Putnam Focused Large Cap Growth ETF |
| Currency Code | USD |
| Open Figi | BBG0115QJ958 |
| 1y Volatility | 17.36 |
| 200 Day M A | 28.5578 |
| 50 Day M A | 32.0914 |
| Code | PGRO |
| Updated At | 7th of May 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Putnam Focused Large [PGRO] is traded in USA and was established 2021-05-25. The fund is listed under Large Growth category and is part of Putnam family. The entity is thematically classified as Size And Style ETFs. Putnam Focused Large at this time have 9 M in assets. , while the total return for the last year was 38.7%.
Check Putnam Focused Probability Of Bankruptcy
Putnam Focused Large Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Focused market risk premium is the additional return an investor will receive from holding Putnam Focused long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Focused. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam Focused's alpha and beta are two of the key measurements used to evaluate Putnam Focused's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.033 | |||
| Jensen Alpha | 0.0386 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) |
Putnam Focused Against Markets
Picking the right benchmark for Putnam Focused etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Focused etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Focused is critical whether you are bullish or bearish towards Putnam Focused Large at a given time. Please also check how Putnam Focused's historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
How to buy Putnam Etf?
Before investing in Putnam Focused, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Focused. To buy Putnam Focused etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Focused. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Focused etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam Focused Large etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Putnam Focused Large etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Putnam Focused Large, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Putnam Etf please use our How to Invest in Putnam Focused guide.
Already Invested in Putnam Focused Large?
The danger of trading Putnam Focused Large is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Focused is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Focused. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Focused Large is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Putnam Focused Large is a strong investment it is important to analyze Putnam Focused's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Putnam Focused's future performance. For an informed investment choice regarding Putnam Etf, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Focused Large. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Putnam Focused Large is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Focused's value that differs from its market value or its book value, called intrinsic value, which is Putnam Focused's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Focused's market value can be influenced by many factors that don't directly affect Putnam Focused's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Focused's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.