NPORT-EX 2 376490PRU053124.htm
PGIM Jennison Focused Value ETF
Schedule of Investments  (unaudited)
as of May 31, 2024
Description     Shares Value
Long-Term Investments 96.8%
Common Stocks 
Aerospace & Defense 4.0%
Airbus SE (France), ADR       6,400  $271,936
General Electric Co.       1,667 275,288
          547,224
Automobile Components 1.5%
Aptiv PLC*       2,437 202,905
Automobiles 2.3%
General Motors Co.       7,026 316,100
Banks 14.0%
Bank of America Corp.       12,214 488,438
JPMorgan Chase & Co.       3,164 641,121
PNC Financial Services Group, Inc. (The)       2,513 395,521
Truist Financial Corp.       10,409 392,940
          1,918,020
Biotechnology 3.6%
AbbVie, Inc.       3,039 490,008
Building Products 2.6%
Johnson Controls International PLC       4,914 353,366
Capital Markets 5.2%
Blackstone, Inc.       2,133 257,027
Goldman Sachs Group, Inc. (The)       987 450,585
          707,612
Chemicals 3.1%
Linde PLC       988 430,294
Consumer Staples Distribution & Retail 6.1%
Walmart, Inc.       12,711 835,875
Electric Utilities 2.7%
PG&E Corp.       19,960 370,058
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PGIM Jennison Focused Value ETF
Schedule of Investments  (unaudited) (continued)
as of May 31, 2024
Description     Shares Value
Common Stocks (Continued)
Ground Transportation 3.2%
Union Pacific Corp.       1,894  $440,961
Health Care Providers & Services 1.9%
Cigna Group (The)       777 267,770
Hotels, Restaurants & Leisure 1.8%
McDonald’s Corp.       942 243,874
Insurance 7.0%
Chubb Ltd.       1,647 446,040
MetLife, Inc.       7,148 517,301
          963,341
Interactive Media & Services 2.6%
Meta Platforms, Inc. (Class A Stock)       780 364,127
Multi-Utilities 1.8%
CenterPoint Energy, Inc.       7,926 241,822
Office REITs 2.1%
Alexandria Real Estate Equities, Inc.       2,397 285,243
Oil, Gas & Consumable Fuels 7.6%
ConocoPhillips       3,772 439,363
Exxon Mobil Corp.       5,111 599,316
          1,038,679
Pharmaceuticals 7.9%
AstraZeneca PLC (United Kingdom), ADR       5,775 450,565
Bristol-Myers Squibb Co.       4,929 202,533
Eli Lilly & Co.       520 426,577
          1,079,675
Semiconductors & Semiconductor Equipment 6.5%
Advanced Micro Devices, Inc.*       2,030 338,807
Broadcom, Inc.       220 292,281
Lam Research Corp.       279 260,151
          891,239
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PGIM Jennison Focused Value ETF
Schedule of Investments  (unaudited) (continued)
as of May 31, 2024
Description     Shares Value
Common Stocks (Continued)
Software 6.1%
Microsoft Corp.       1,016  $421,772
Oracle Corp.       1,522 178,363
Salesforce, Inc.       986 231,158
          831,293
Technology Hardware, Storage & Peripherals 3.2%
Dell Technologies, Inc. (Class C Stock)       3,100 432,636
     
 
 
Total Long-Term Investments
(cost $10,750,023) 		13,252,122
 
Short-Term Investment 3.1%
Affiliated Mutual Fund 
PGIM Core Government Money Market Fund (7-day effective yield 5.550%)
(cost $419,308)(wb) 		    419,308 419,308
 
TOTAL INVESTMENTS 99.9%
(cost $11,169,331) 		        13,671,430
Other assets in excess of liabilities 0.1% 19,748
 
Net Assets 100.0% $13,691,178
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  ADR—American Depositary Receipt
  REITs—Real Estate Investment Trust
    
* Non-income producing security.
(wb) Represents an investment in a Fund affiliated with the Manager.
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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