New England Private Wealth Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 116,611 shares of the company’s stock, valued at approximately $4,329,000. New England Private Wealth Advisors LLC owned about 0.77% of Putnam Focused Large Cap Value ETF at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $406,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth approximately $28,000. Wealthspire Advisors LLC lifted its position in Putnam Focused Large Cap Value ETF by 19.3% during the fourth quarter. Wealthspire Advisors LLC now owns 330,289 shares of the company’s stock valued at $12,260,000 after acquiring an additional 53,444 shares during the last quarter. Sax Wealth Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $3,291,000. Finally, Carnegie Investment Counsel purchased a new position in Putnam Focused Large Cap Value ETF in the fourth quarter worth $318,000.
Putnam Focused Large Cap Value ETF Trading Down 0.5 %
Shares of PVAL opened at $37.13 on Wednesday. Putnam Focused Large Cap Value ETF has a 12 month low of $34.10 and a 12 month high of $40.07. The stock has a fifty day moving average price of $38.40 and a 200-day moving average price of $38.21. The firm has a market cap of $2.16 billion, a PE ratio of 19.44 and a beta of 0.90.
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.
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