Cooper Financial Group Buys 15,423 Shares of Putnam Focused Large Cap Value ETF $PVAL

Cooper Financial Group increased its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 427,522 shares of the company’s stock after acquiring an additional 15,423 shares during the period. Putnam Focused Large Cap Value ETF comprises approximately 2.1% of Cooper Financial Group’s portfolio, making the stock its 11th largest position. Cooper Financial Group’s holdings in Putnam Focused Large Cap Value ETF were worth $19,482,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 14.7% in the 1st quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after purchasing an additional 9,442 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 1st quarter valued at about $2,380,000. Rockefeller Capital Management L.P. lifted its position in Putnam Focused Large Cap Value ETF by 90.5% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 47,239 shares of the company’s stock worth $1,900,000 after buying an additional 22,439 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Putnam Focused Large Cap Value ETF by 124.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 27,867 shares of the company’s stock worth $1,121,000 after buying an additional 15,435 shares during the last quarter. Finally, MAI Capital Management lifted its position in Putnam Focused Large Cap Value ETF by 124.3% in the 2nd quarter. MAI Capital Management now owns 94,605 shares of the company’s stock worth $3,806,000 after buying an additional 52,418 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL opened at $45.68 on Friday. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $49.13. The stock has a 50 day simple moving average of $47.48 and a two-hundred day simple moving average of $45.07. The firm has a market cap of $7.50 billion, a P/E ratio of 17.86 and a beta of 0.88.

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.