Sigma Planning Corp acquired a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 144,674 shares of the company’s stock, valued at approximately $7,613,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Trademark Financial Management LLC lifted its stake in Putnam Focused Large Cap Value ETF by 5.2% in the third quarter. Trademark Financial Management LLC now owns 288,698 shares of the company’s stock worth $15,191,000 after acquiring an additional 14,299 shares during the period. Auctus Advisors LLC grew its holdings in Putnam Focused Large Cap Value ETF by 0.6% during the 3rd quarter. Auctus Advisors LLC now owns 950,048 shares of the company’s stock worth $49,992,000 after acquiring an additional 5,223 shares in the last quarter. Sowell Financial Services LLC purchased a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $548,000. Robinson Smith Wealth Advisors LLC increased its position in Putnam Focused Large Cap Value ETF by 5.2% during the 3rd quarter. Robinson Smith Wealth Advisors LLC now owns 207,660 shares of the company’s stock valued at $10,927,000 after purchasing an additional 10,312 shares during the period. Finally, Brookstone Capital Management increased its position in Putnam Focused Large Cap Value ETF by 49.2% during the 3rd quarter. Brookstone Capital Management now owns 219,278 shares of the company’s stock valued at $11,538,000 after purchasing an additional 72,355 shares during the period.
Putnam Focused Large Cap Value ETF Stock Performance
NYSEARCA:PVAL opened at $53.91 on Monday. Putnam Focused Large Cap Value ETF has a one year low of $42.76 and a one year high of $54.70. The firm has a market cap of $15.06 billion, a P/E ratio of 17.86 and a beta of 0.84. The firm has a 50-day simple moving average of $53.79 and a 200-day simple moving average of $51.94.
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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