Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Bought by Baker Tilly Wealth Management LLC

Baker Tilly Wealth Management LLC lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 775.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,914 shares of the company’s stock after acquiring an additional 80,525 shares during the period. Putnam Focused Large Cap Value ETF comprises approximately 1.3% of Baker Tilly Wealth Management LLC’s holdings, making the stock its 16th largest holding. Baker Tilly Wealth Management LLC owned about 0.60% of Putnam Focused Large Cap Value ETF worth $3,375,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in PVAL. CWM LLC bought a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $61,000,000. Glenmede Trust Co. NA grew its position in shares of Putnam Focused Large Cap Value ETF by 29.5% during the third quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock worth $77,364,000 after acquiring an additional 464,165 shares during the last quarter. Sanctuary Advisors LLC lifted its position in Putnam Focused Large Cap Value ETF by 2,963.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock valued at $14,638,000 after purchasing an additional 357,761 shares during the last quarter. Cetera Investment Advisers boosted its stake in Putnam Focused Large Cap Value ETF by 49.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock valued at $37,457,000 after purchasing an additional 342,418 shares during the period. Finally, Sowa Financial Group Inc. grew its position in Putnam Focused Large Cap Value ETF by 335.4% in the 3rd quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock worth $12,387,000 after purchasing an additional 251,495 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL traded down $0.36 during mid-day trading on Friday, reaching $36.98. 82,236 shares of the company traded hands, compared to its average volume of 335,082. The firm has a market cap of $556.55 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a fifty-two week low of $30.83 and a fifty-two week high of $40.07. The stock has a fifty day simple moving average of $38.44 and a 200-day simple moving average of $37.58.

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.