Atria Wealth Solutions Inc. Reduces Stock Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Atria Wealth Solutions Inc. lessened its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 96,834 shares of the company’s stock after selling 2,702 shares during the period. Atria Wealth Solutions Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $3,594,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter valued at $28,000. Allworth Financial LP lifted its holdings in Putnam Focused Large Cap Value ETF by 79.8% during the 3rd quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after buying an additional 1,145 shares in the last quarter. Verdence Capital Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $205,000. Cozad Asset Management Inc. purchased a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $208,000. Finally, Fulcrum Equity Management bought a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $248,000.

Putnam Focused Large Cap Value ETF Stock Performance

Putnam Focused Large Cap Value ETF stock opened at $39.41 on Friday. The company has a market capitalization of $593.12 million, a PE ratio of 16.48 and a beta of 0.82. The company has a 50 day moving average price of $38.21 and a 200-day moving average price of $38.02. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.41 and a fifty-two week high of $40.07.

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.