Kintra Wealth LLC raised its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 57.2% during the second quarter, HoldingsChannel reports. The fund owned 25,503 shares of the company’s stock after acquiring an additional 9,277 shares during the quarter. Kintra Wealth LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,388,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the first quarter valued at $27,000. Parkside Financial Bank & Trust purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth about $52,000. MCF Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $53,000. Global Retirement Partners LLC bought a new position in Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $58,000. Finally, International Assets Investment Management LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the 4th quarter worth about $62,000.
Putnam Focused Large Cap Value ETF Price Performance
Shares of NYSEARCA PVAL opened at $54.14 on Monday. The company has a market cap of $13.66 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1 year low of $41.55 and a 1 year high of $54.70. The firm has a 50-day simple moving average of $53.13 and a two-hundred day simple moving average of $50.33.
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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Want to see what other hedge funds are holding PVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report).
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