New England Private Wealth Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 116,611 shares of the company’s stock, valued at approximately $4,329,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of PVAL. JPMorgan Chase & Co. purchased a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $406,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $28,000. Wealthspire Advisors LLC increased its holdings in shares of Putnam Focused Large Cap Value ETF by 19.3% in the fourth quarter. Wealthspire Advisors LLC now owns 330,289 shares of the company’s stock valued at $12,260,000 after purchasing an additional 53,444 shares during the last quarter. Sax Wealth Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth approximately $3,291,000. Finally, Carnegie Investment Counsel acquired a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth $318,000.
Putnam Focused Large Cap Value ETF Trading Down 0.5 %
Putnam Focused Large Cap Value ETF stock opened at $37.13 on Wednesday. The company has a 50-day moving average price of $38.40 and a 200 day moving average price of $38.21. Putnam Focused Large Cap Value ETF has a 12-month low of $34.10 and a 12-month high of $40.07. The stock has a market cap of $2.16 billion, a P/E ratio of 19.44 and a beta of 0.90.
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.
Recommended Stories
- Five stocks we like better than Putnam Focused Large Cap Value ETF
- What is a Stock Market Index and How Do You Use Them?
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Growth Stocks: What They Are, Examples and How to Invest
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- Want to Profit on the Downtrend? Downtrends, Explained.
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
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.
