RMR Wealth Builders purchased a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,199 shares of the company’s stock, valued at approximately $735,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Rothschild Investment LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth $67,000. Franklin Resources Inc. bought a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at $94,000. Ameritas Advisory Services LLC acquired a new position in Putnam Focused Large Cap Value ETF during the second quarter worth $121,000. CoreCap Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at $123,000. Finally, Rockbridge Investment Management LCC bought a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at $211,000.
Putnam Focused Large Cap Value ETF Price Performance
NYSEARCA:PVAL opened at $48.09 on Friday. The firm has a 50-day moving average of $46.18 and a 200-day moving average of $43.63. The company has a market cap of $7.89 billion, a PE ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $48.77.
Putnam Focused Large Cap Value ETF Announces Dividend
Putnam Focused Large Cap Value ETF Company Profile
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.
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