7,513 Shares in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Bought by Principle Wealth Partners LLC

Principle Wealth Partners LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,513 shares of the company’s stock, valued at approximately $279,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Putnam Focused Large Cap Value ETF during the 4th quarter worth $28,000. Allworth Financial LP grew its position in Putnam Focused Large Cap Value ETF by 79.8% during the 3rd quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock worth $98,000 after acquiring an additional 1,145 shares during the last quarter. Verdence Capital Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $205,000. Cozad Asset Management Inc. bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $208,000. Finally, Fulcrum Equity Management bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $248,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3 %

NYSEARCA PVAL opened at $39.24 on Wednesday. The business’s 50-day moving average price is $38.17 and its two-hundred day moving average price is $37.87. Putnam Focused Large Cap Value ETF has a 12 month low of $32.00 and a 12 month high of $40.07. The firm has a market capitalization of $590.56 million, a PE ratio of 16.48 and a beta of 0.82.

About Putnam Focused Large Cap Value ETF

The Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model. PVAL was launched on May 25, 2021 and is managed by Putnam.