Cwm LLC Has $130.49 Million Stock Holdings in Putnam Focused Large Cap Value ETF $PVAL

Cwm LLC lifted its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 17.4% in the third quarter, Holdings Channel.com reports. The fund owned 3,054,488 shares of the company’s stock after acquiring an additional 453,406 shares during the quarter. Cwm LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $130,488,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. M&T Bank Corp acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $3,900,000. Rollins Financial Advisors LLC raised its stake in Putnam Focused Large Cap Value ETF by 69.2% during the second quarter. Rollins Financial Advisors LLC now owns 94,388 shares of the company’s stock worth $3,797,000 after buying an additional 38,605 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 16.1% in the second quarter. Commonwealth Equity Services LLC now owns 4,356,644 shares of the company’s stock valued at $175,268,000 after buying an additional 605,693 shares during the period. IVC Wealth Advisors LLC boosted its position in Putnam Focused Large Cap Value ETF by 48.1% during the second quarter. IVC Wealth Advisors LLC now owns 270,420 shares of the company’s stock valued at $10,879,000 after acquiring an additional 87,824 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Putnam Focused Large Cap Value ETF by 10.4% during the second quarter. PNC Financial Services Group Inc. now owns 152,995 shares of the company’s stock valued at $6,155,000 after acquiring an additional 14,444 shares during the last quarter.

Putnam Focused Large Cap Value ETF Trading Up 0.4%

Shares of Putnam Focused Large Cap Value ETF stock opened at $46.13 on Friday. The business has a 50-day moving average price of $44.12 and a two-hundred day moving average price of $42.22. Putnam Focused Large Cap Value ETF has a 1-year low of $32.83 and a 1-year high of $46.21. The company has a market cap of $5.26 billion, a P/E ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a $0.1124 dividend. The ex-dividend date was Friday, December 19th.

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.