Putnam Focused Large Cap Value ETF $PVAL Stock Position Boosted by Harbor Group Inc.

Harbor Group Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 826,482 shares of the company’s stock after purchasing an additional 32,723 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 5.6% of Harbor Group Inc.’s portfolio, making the stock its 7th biggest position. Harbor Group Inc. owned 0.75% of Putnam Focused Large Cap Value ETF worth $35,307,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in PVAL. Bank of America Corp DE increased its stake in shares of Putnam Focused Large Cap Value ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock valued at $409,658,000 after buying an additional 1,669,903 shares during the period. Commonwealth Equity Services LLC lifted its stake in Putnam Focused Large Cap Value ETF by 16.1% in the second quarter. Commonwealth Equity Services LLC now owns 4,356,644 shares of the company’s stock worth $175,268,000 after acquiring an additional 605,693 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Putnam Focused Large Cap Value ETF by 106.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock worth $143,456,000 after acquiring an additional 1,841,717 shares during the period. Cetera Investment Advisers grew its holdings in Putnam Focused Large Cap Value ETF by 27.1% during the 2nd quarter. Cetera Investment Advisers now owns 3,552,531 shares of the company’s stock worth $142,918,000 after acquiring an additional 758,283 shares in the last quarter. Finally, CWM LLC increased its position in Putnam Focused Large Cap Value ETF by 40.5% during the 2nd quarter. CWM LLC now owns 2,601,082 shares of the company’s stock valued at $104,642,000 after purchasing an additional 750,161 shares during the period.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA:PVAL opened at $45.47 on Monday. The firm has a 50-day simple moving average of $43.83 and a 200-day simple moving average of $42.07. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $45.86. The firm has a market cap of $5.18 billion, a P/E ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 23rd. Investors of record on Friday, December 19th will be paid a $0.1124 dividend. The ex-dividend date of this dividend is Friday, December 19th.

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.