13,791 Shares in Putnam Focused Large Cap Value ETF $PVAL Acquired by Continuum Advisory LLC

Continuum Advisory LLC bought a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,791 shares of the company’s stock, valued at approximately $628,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Allworth Financial LP lifted its stake in Putnam Focused Large Cap Value ETF by 7.3% during the fourth quarter. Allworth Financial LP now owns 3,199 shares of the company’s stock worth $146,000 after purchasing an additional 219 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in Putnam Focused Large Cap Value ETF by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 9,471 shares of the company’s stock worth $432,000 after purchasing an additional 249 shares during the last quarter. Brown Advisory Inc. lifted its stake in Putnam Focused Large Cap Value ETF by 2.4% during the second quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after purchasing an additional 300 shares during the last quarter. Tempus Wealth Planning LLC lifted its stake in Putnam Focused Large Cap Value ETF by 0.6% during the third quarter. Tempus Wealth Planning LLC now owns 65,336 shares of the company’s stock worth $2,791,000 after purchasing an additional 406 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in Putnam Focused Large Cap Value ETF by 1.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,959 shares of the company’s stock worth $1,274,000 after purchasing an additional 413 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 1.6%

PVAL stock opened at $50.53 on Friday. The business has a 50 day moving average price of $48.92 and a 200 day moving average price of $47.30. The stock has a market cap of $10.27 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a fifty-two week low of $38.81 and a fifty-two week high of $51.45.

Putnam Focused Large Cap Value ETF 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.