Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Acquired by Cozad Asset Management Inc.

Cozad Asset Management Inc. increased its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 26.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,949 shares of the company’s stock after purchasing an additional 1,466 shares during the period. Cozad Asset Management Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $258,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Harbour Investments Inc. boosted its stake in Putnam Focused Large Cap Value ETF by 17.4% in the fourth quarter. Harbour Investments Inc. now owns 57,376 shares of the company’s stock valued at $2,130,000 after acquiring an additional 8,492 shares during the period. Commonwealth Equity Services LLC boosted its stake in Putnam Focused Large Cap Value ETF by 52.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,227,015 shares of the company’s stock valued at $45,547,000 after acquiring an additional 424,026 shares during the period. Avantax Advisory Services Inc. boosted its stake in Putnam Focused Large Cap Value ETF by 63.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 120,230 shares of the company’s stock valued at $4,463,000 after acquiring an additional 46,572 shares during the period. HighTower Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 20.5% in the fourth quarter. HighTower Advisors LLC now owns 85,400 shares of the company’s stock valued at $3,170,000 after acquiring an additional 14,555 shares during the period. Finally, New England Private Wealth Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $4,329,000.

Putnam Focused Large Cap Value ETF Stock Down 0.4 %

Shares of PVAL stock opened at $37.78 on Wednesday. The business has a 50 day moving average of $38.42 and a two-hundred day moving average of $38.21. Putnam Focused Large Cap Value ETF has a 52 week low of $34.14 and a 52 week high of $40.07. The company has a market cap of $2.20 billion, a P/E ratio of 19.44 and a beta of 0.90.

Putnam Focused Large Cap Value ETF Profile

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.