PCRB Stock Summary and Trading Ideas (Putnam ETF Trust Putnam Esg Core Bond ETF | ARCA:PCRB)

Putnam ESG Core Bond ETF is an active ETF that invests in income securities diversified across multiple sectors for all-weather performance. Invests across sectors of the U.S. bond market, including mortgage-backed securities, corporate bonds, and other government obligations. The fund invests mainly in a diversified portfolio of investment-grade fixed-income securities with a focus on companies or issuers that Putnam Management, the fund's investment manager, believes meet relevant environmental, social, or governance ("ESG") criteria on a sector-specific basis ("ESG criteria"). The fund invests mainly in bonds of governments and private companies located in the United States that are investment-grade in quality with intermediate- to long-term maturities (three years or longer). Investment-grade securities are rated at least BBB or its equivalent at the time of purchase by a nationally recognized securities rating agency, or are unrated investments that Putnam Management believes are of comparable quality. Putnam Management may invest in below-investment-grade investments.

Putnam ETF Trust Putnam Esg Core Bond ETF trades on the ARCA stock market under the symbol PCRB.

As of March 19, 2025, PCRB stock price climbed to $48.97 with 16,421 million shares trading.

PCRB has a beta of 0.11, meaning it tends to be less sensitive to market movements. PCRB has a correlation of 0.07 to the broad based SPY ETF.

PCRB has a market cap of $740.68 million. This is considered a Small Cap stock.

PCRB has underperformed the market in the last year with a return of +5.9%, while SPY returned +11.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PCRB shares. However, PCRB has outperformed the market in the last 3 month and 2 week periods, returning +2.1% and -0.1%, while SPY returned -2.9% and -1.7%, respectively. This indicates PCRB has been having a stronger performance recently.

PCRB support price is $48.70 and resistance is $48.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PCRB shares will trade within this expected range on the day.