PCG Wealth Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 18,865 shares of the company’s stock, valued at approximately $961,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new position in Putnam Focused Large Cap Value ETF in the first quarter valued at about $27,000. Parkside Financial Bank & Trust purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth about $52,000. MCF Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $53,000. Global Retirement Partners LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $58,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $62,000.
Putnam Focused Large Cap Value ETF Stock Performance
NYSEARCA:PVAL opened at $54.14 on Friday. The company has a market capitalization of $13.66 billion, a P/E ratio of 17.86 and a beta of 0.84. The stock’s 50 day moving average price is $53.13 and its 200 day moving average price is $50.31. Putnam Focused Large Cap Value ETF has a 52 week low of $41.55 and a 52 week high of $54.70.
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
- Five stocks we like better than Putnam Focused Large Cap Value ETF
- Zscaler’s Strong Quarter Still Left Investors Waiting on 1 Key Signal
- Is Duolingo the Next Netflix-Style Comeback Story?
- GitLab’s AI Tools Are Starting to Turn Developer Demand Into Real Revenue
- GTA VI’s Console Problem Isn’t Take-Two’s Problem
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).
Receive News & Ratings for Putnam Focused Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Focused Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
