Fort Washington Investment Advisors Inc. OH Makes New Investment in Putnam Focused Large Cap Value ETF $PVAL

Fort Washington Investment Advisors Inc. OH acquired a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 238,567 shares of the company’s stock, valued at approximately $11,070,000. Fort Washington Investment Advisors Inc. OH owned approximately 0.12% of Putnam Focused Large Cap Value ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PVAL. Mayfair Advisory Group LLC increased its stake in shares of Putnam Focused Large Cap Value ETF by 38.7% during the first quarter. Mayfair Advisory Group LLC now owns 16,081 shares of the company’s stock worth $746,000 after purchasing an additional 4,490 shares in the last quarter. Towneley Capital Management Inc DE lifted its stake in Putnam Focused Large Cap Value ETF by 0.9% in the 1st quarter. Towneley Capital Management Inc DE now owns 432,937 shares of the company’s stock valued at $20,088,000 after buying an additional 3,666 shares in the last quarter. First United Bank & Trust acquired a new stake in Putnam Focused Large Cap Value ETF in the 1st quarter worth about $1,197,000. Silver Oak Securities Incorporated boosted its holdings in Putnam Focused Large Cap Value ETF by 1.7% in the 1st quarter. Silver Oak Securities Incorporated now owns 404,335 shares of the company’s stock worth $18,761,000 after buying an additional 6,686 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in Putnam Focused Large Cap Value ETF by 74.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 294,122 shares of the company’s stock worth $13,647,000 after buying an additional 125,210 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA:PVAL opened at $50.95 on Monday. The stock has a 50 day moving average of $50.15 and a two-hundred day moving average of $48.08. Putnam Focused Large Cap Value ETF has a 12 month low of $39.71 and a 12 month high of $52.13. The firm has a market cap of $10.36 billion, a P/E ratio of 17.86 and a beta of 0.84.

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.