Wealthspire Advisors LLC Acquires 53,444 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Wealthspire Advisors LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 19.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 330,289 shares of the company’s stock after buying an additional 53,444 shares during the quarter. Wealthspire Advisors LLC owned approximately 2.19% of Putnam Focused Large Cap Value ETF worth $12,260,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter valued at approximately $28,000. Wealthcare Advisory Partners LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 2.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 32,068 shares of the company’s stock valued at $1,190,000 after purchasing an additional 875 shares in the last quarter. StoneX Group Inc. lifted its holdings in Putnam Focused Large Cap Value ETF by 3.2% during the third quarter. StoneX Group Inc. now owns 30,989 shares of the company’s stock valued at $1,176,000 after purchasing an additional 956 shares in the last quarter. Allworth Financial LP lifted its holdings in Putnam Focused Large Cap Value ETF by 79.8% during the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after purchasing an additional 1,145 shares in the last quarter. Finally, Stephens Inc. AR lifted its holdings in Putnam Focused Large Cap Value ETF by 23.6% during the third quarter. Stephens Inc. AR now owns 12,135 shares of the company’s stock valued at $460,000 after purchasing an additional 2,321 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA:PVAL opened at $38.66 on Friday. Putnam Focused Large Cap Value ETF has a 1-year low of $32.90 and a 1-year high of $40.07. The company has a market capitalization of $2.11 billion, a P/E ratio of 20.51 and a beta of 0.90. The firm’s 50 day simple moving average is $38.22 and its two-hundred day simple moving average is $38.02.

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.