Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Holdings Raised by ERn Financial LLC

ERn Financial LLC grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 7.2% during the 4th quarter, HoldingsChannel reports. The fund owned 169,949 shares of the company’s stock after acquiring an additional 11,411 shares during the period. ERn Financial LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $6,309,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Redhawk Wealth Advisors Inc. grew its stake in Putnam Focused Large Cap Value ETF by 8.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 240,561 shares of the company’s stock valued at $8,930,000 after purchasing an additional 18,091 shares in the last quarter. Cox Capital Mgt LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $767,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $28,000. SeaCrest Wealth Management LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 101.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 62,105 shares of the company’s stock valued at $2,305,000 after buying an additional 31,300 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its holdings in Putnam Focused Large Cap Value ETF by 58.7% in the fourth quarter. AdvisorNet Financial Inc now owns 257,796 shares of the company’s stock worth $9,569,000 after buying an additional 95,358 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 1.3 %

PVAL stock opened at $37.95 on Thursday. The firm has a 50 day moving average of $38.40 and a two-hundred day moving average of $37.60. Putnam Focused Large Cap Value ETF has a 12 month low of $30.83 and a 12 month high of $40.07. The company has a market capitalization of $571.15 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

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.