Putnam Focused Large Cap Growth ETF (PGRO)

Putnam Focused Large Cap Growth ETF (PGRO) is an exchange-traded fund in the Large Growth category. It has $218.37M in assets, an expense ratio of 0.49% and a 0.02% dividend yield. 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…