RFG Advisory LLC raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 95.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 759,205 shares of the company’s stock after purchasing an additional 371,140 shares during the period. Putnam Focused Large Cap Value ETF accounts for about 0.7% of RFG Advisory LLC’s holdings, making the stock its 18th biggest position. RFG Advisory LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $34,597,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the business. Fifth Third Bancorp bought a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $63,000. Franklin Resources Inc. bought a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at $94,000. Signaturefd LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth $120,000. CoreCap Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth $123,000. Finally, Lantern Wealth Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the third quarter worth $224,000.
Putnam Focused Large Cap Value ETF Stock Performance
NYSEARCA:PVAL opened at $49.43 on Wednesday. Putnam Focused Large Cap Value ETF has a 52-week low of $37.11 and a 52-week high of $49.63. The firm has a market cap of $10.05 billion, a price-to-earnings ratio of 17.86 and a beta of 0.85. The business’s fifty day moving average is $47.50 and its 200 day moving average is $46.22.
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.
See Also
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