Cox Capital Mgt LLC Invests $767,000 in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Cox Capital Mgt LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 20,667 shares of the company’s stock, valued at approximately $767,000. Cox Capital Mgt LLC owned approximately 0.14% of Putnam Focused Large Cap Value ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the third quarter worth about $1,000,000. Sanctuary Advisors LLC purchased a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at approximately $425,000. SeaCrest Wealth Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $1,169,000. Clear Point Advisors Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter worth $61,000. Finally, Bank of New York Mellon Corp bought a new position in shares of Putnam Focused Large Cap Value ETF during the second quarter worth $1,162,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of NYSEARCA PVAL opened at $37.45 on Wednesday. The company has a market cap of $563.62 million, a P/E ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 52-week low of $30.83 and a 52-week high of $40.07. The firm’s fifty day moving average is $38.40 and its two-hundred day moving average is $37.60.

Putnam Focused Large Cap Value ETF Company 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.