58,436 Shares in Putnam Focused Large Cap Value ETF $PVAL Bought by Baer Investment Advisory LLC

Baer Investment Advisory LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 58,436 shares of the company’s stock, valued at approximately $2,711,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Blue Trust Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 1st quarter valued at $27,000. Parkside Financial Bank & Trust bought a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth about $52,000. MCF Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $53,000. Global Retirement Partners LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $58,000. Finally, International Assets Investment Management LLC bought a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $62,000.

Putnam Focused Large Cap Value ETF Price Performance

NYSEARCA PVAL opened at $51.67 on Friday. Putnam Focused Large Cap Value ETF has a twelve month low of $39.71 and a twelve month high of $52.13. The stock has a market cap of $14.29 billion, a P/E ratio of 17.86 and a beta of 0.84. The company’s 50-day simple moving average is $50.38 and its 200 day simple moving average is $48.27.

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.