PUTNAM ETF TRUST

Ticker: PVAL CUSIP: 746729300 Class: FOCUSED LAR CAP

Tower Research Capital LLC (TRC)'s Holding History (CIK: 0001533421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 21,657 Value ($000) $987 Avg Close — Range —
Q3 2025
Shares 547 Value ($000) $23 Avg Close — Range —