Putnam Focused Large Cap Value ETF $PVAL is ATX Financial Planning LLC’s 10th Largest Position

ATX Financial Planning LLC increased its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 226.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 85,608 shares of the company’s stock after acquiring an additional 59,378 shares during the quarter. Putnam Focused Large Cap Value ETF comprises approximately 3.0% of ATX Financial Planning LLC’s investment portfolio, making the stock its 10th largest holding. ATX Financial Planning LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $3,972,000 at the end of the most recent quarter.

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

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL opened at $51.55 on Friday. The business has a 50-day moving average of $50.62 and a 200-day moving average of $48.47. The company has a market capitalization of $12.13 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1-year low of $39.71 and a 1-year high of $52.13.

About Putnam Focused Large Cap Value ETF

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.