Oak Harbor Wealth Partners LLC Has $1.51 Million Stock Position in Putnam Focused Large Cap Value ETF $PVAL

Oak Harbor Wealth Partners LLC boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 270.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 33,065 shares of the company’s stock after purchasing an additional 24,138 shares during the period. Oak Harbor Wealth Partners LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,507,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada lifted its position in Putnam Focused Large Cap Value ETF by 14.7% during the first quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after acquiring an additional 9,442 shares during the last quarter. Jane Street Group LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the first quarter worth approximately $2,380,000. JPMorgan Chase & Co. lifted its position in Putnam Focused Large Cap Value ETF by 124.2% during the second quarter. JPMorgan Chase & Co. now owns 27,867 shares of the company’s stock worth $1,121,000 after acquiring an additional 15,435 shares during the last quarter. Franklin Resources Inc. acquired a new stake in Putnam Focused Large Cap Value ETF during the second quarter worth approximately $94,000. Finally, Brown Advisory Inc. lifted its position 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 acquiring an additional 300 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 0.2%

Shares of PVAL stock opened at $49.31 on Friday. The firm has a 50 day moving average price of $47.49 and a two-hundred day moving average price of $46.15. The company has a market capitalization of $10.02 billion, a PE ratio of 17.86 and a beta of 0.85. Putnam Focused Large Cap Value ETF has a 12-month low of $37.11 and a 12-month high of $49.63.

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.