Weil Company Inc. increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 3.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,040 shares of the company’s stock after acquiring an additional 9,476 shares during the period. Putnam Focused Large Cap Value ETF comprises 2.4% of Weil Company Inc.’s investment portfolio, making the stock its 12th biggest holding. Weil Company Inc. owned 0.09% of Putnam Focused Large Cap Value ETF worth $13,578,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in shares of Putnam Focused Large Cap Value ETF by 48.4% in the first quarter. Bank of America Corp DE now owns 35,914,629 shares of the company’s stock worth $1,666,439,000 after purchasing an additional 11,707,304 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Putnam Focused Large Cap Value ETF by 21.6% during the first quarter. Cetera Investment Advisers now owns 8,337,155 shares of the company’s stock valued at $386,844,000 after buying an additional 1,483,240 shares during the last quarter. Bouchey Financial Group Ltd. bought a new stake in Putnam Focused Large Cap Value ETF during the second quarter worth $39,360,000. Envestnet Asset Management Inc. grew its holdings in Putnam Focused Large Cap Value ETF by 16.4% during the second quarter. Envestnet Asset Management Inc. now owns 5,400,725 shares of the company’s stock worth $275,167,000 after buying an additional 762,099 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its holdings in Putnam Focused Large Cap Value ETF by 11.4% during the first quarter. Glenmede Trust Co. NA now owns 7,154,285 shares of the company’s stock worth $331,959,000 after buying an additional 734,798 shares in the last quarter.
Putnam Focused Large Cap Value ETF Trading Down 0.3%
NYSEARCA PVAL opened at $53.95 on Thursday. The firm has a market capitalization of $14.83 billion, a P/E ratio of 17.86 and a beta of 0.84. The business has a fifty day simple moving average of $53.83 and a 200 day simple moving average of $51.56. Putnam Focused Large Cap Value ETF has a 12 month low of $42.14 and a 12 month high of $54.70.
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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