Putnam Focused Large Cap Value ETF $PVAL Shares Sold by Atria Investments Inc

Atria Investments Inc decreased its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,909 shares of the company’s stock after selling 22,936 shares during the quarter. Atria Investments Inc owned about 0.19% of Putnam Focused Large Cap Value ETF worth $9,224,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Drake & Associates LLC acquired a new position in Putnam Focused Large Cap Value ETF during the third quarter worth about $31,334,000. Savvy Advisors Inc. purchased a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $550,000. Allegheny Financial Group boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 43.8% during the 3rd quarter. Allegheny Financial Group now owns 1,420,552 shares of the company’s stock worth $60,686,000 after purchasing an additional 432,980 shares during the last quarter. BridgePort Financial Solutions LLC grew its position in shares of Putnam Focused Large Cap Value ETF by 22.5% in the third quarter. BridgePort Financial Solutions LLC now owns 346,377 shares of the company’s stock valued at $14,797,000 after purchasing an additional 63,539 shares in the last quarter. Finally, Breakwater Capital Group acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $469,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $48.09 on Friday. The business’s 50 day moving average price is $46.60 and its 200 day moving average price is $43.90. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $49.13.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were given a dividend of $0.1124 per share. The ex-dividend date of this dividend 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.