Auctus Advisors LLC Takes $43.59 Million Position in Putnam Focused Large Cap Value ETF $PVAL

Auctus Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 4th quarter, HoldingsChannel reports. The firm bought 956,522 shares of the company’s stock, valued at approximately $43,589,000. Putnam Focused Large Cap Value ETF makes up 40.2% of Auctus Advisors LLC’s portfolio, making the stock its largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $63,000. Franklin Resources Inc. acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter valued at about $94,000. CoreCap Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at about $123,000. Lantern Wealth Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth about $224,000. Finally, Strategic Blueprint LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth about $228,000.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA:PVAL opened at $45.57 on Friday. The stock has a market cap of $7.48 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. The business’s 50-day simple moving average is $47.41 and its 200 day simple moving average is $45.22.

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.