Corient Private Wealth LLC Purchases 477,427 Shares of Putnam Focused Large Cap Value ETF $PVAL

Corient Private Wealth LLC boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 76.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,100,388 shares of the company’s stock after purchasing an additional 477,427 shares during the period. Corient Private Wealth LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $50,148,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust bought a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $52,000. MCF Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF in the 4th quarter worth $53,000. Global Retirement Partners LLC bought a new position in Putnam Focused Large Cap Value ETF in the 4th quarter worth $58,000. International Assets Investment Management LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter valued at $62,000. Finally, Fifth Third Bancorp purchased a new position in Putnam Focused Large Cap Value ETF during the third quarter valued at $63,000.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA:PVAL opened at $51.41 on Monday. The stock has a 50-day simple moving average of $49.85 and a two-hundred day simple moving average of $47.84. The firm has a market capitalization of $10.45 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 52-week low of $38.95 and a 52-week high of $52.13.

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.