Everest Financial Group LLC raised its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 79.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,437 shares of the company’s stock after acquiring an additional 60,285 shares during the quarter. Everest Financial Group LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $7,179,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. 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 acquiring an additional 11,707,304 shares during the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $448,572,000. Cetera Investment Advisers grew its stake 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 purchasing an additional 1,483,240 shares during the last quarter. Glenmede Trust Co. NA grew its stake in shares of 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 valued at $331,959,000 after purchasing an additional 734,798 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of 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 valued at $275,167,000 after purchasing an additional 762,099 shares during the last quarter.
Putnam Focused Large Cap Value ETF Price Performance
Shares of Putnam Focused Large Cap Value ETF stock opened at $55.09 on Friday. The firm has a market cap of $15.93 billion, a P/E ratio of 21.14 and a beta of 0.83. The firm has a 50 day simple moving average of $53.91 and a 200 day simple moving average of $51.04. Putnam Focused Large Cap Value ETF has a fifty-two week low of $42.76 and a fifty-two week high of $55.91.
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.
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