30,805 Shares in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Bought by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC bought a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 30,805 shares of the company’s stock, valued at approximately $1,169,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF in the first quarter valued at approximately $37,764,000. AdvisorNet Financial Inc grew its stake in shares of Putnam Focused Large Cap Value ETF by 37.9% in the first quarter. AdvisorNet Financial Inc now owns 59,160 shares of the company’s stock valued at $2,114,000 after buying an additional 16,267 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Putnam Focused Large Cap Value ETF by 1.9% during the first quarter. Wealthcare Advisory Partners LLC now owns 28,513 shares of the company’s stock worth $1,019,000 after buying an additional 544 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Putnam Focused Large Cap Value ETF by 1.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 578,181 shares of the company’s stock worth $20,658,000 after acquiring an additional 6,338 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Putnam Focused Large Cap Value ETF by 29.6% in the first quarter. Commonwealth Equity Services LLC now owns 394,578 shares of the company’s stock valued at $14,098,000 after acquiring an additional 90,037 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL opened at $38.48 on Thursday. The company has a market cap of $579.12 million, a PE ratio of 16.48 and a beta of 0.82. The firm has a 50-day moving average of $37.29 and a 200-day moving average of $36.41. Putnam Focused Large Cap Value ETF has a one year low of $27.68 and a one year high of $38.63.

Putnam Focused Large Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, September 6th were paid a dividend of $0.121 per share. The ex-dividend date of this dividend was Friday, September 6th.

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.