Harbour Investments Inc. Has $7.84 Million Stock Holdings in Putnam Focused Large Cap Value ETF $PVAL

Harbour Investments Inc. boosted its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 32.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 172,070 shares of the company’s stock after acquiring an additional 42,006 shares during the period. Harbour Investments Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $7,841,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Prostatis Group LLC acquired a new position in Putnam Focused Large Cap Value ETF during the third quarter worth $3,727,000. Aspire Capital Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth $596,000. Glenmede Investment Management LP raised its holdings in Putnam Focused Large Cap Value ETF by 15.8% during the third quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock worth $247,224,000 after buying an additional 789,767 shares during the last quarter. Auctus Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the fourth quarter worth $43,589,000. Finally, Diversify Advisory Services LLC raised its holdings in Putnam Focused Large Cap Value ETF by 40.4% during the fourth quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock worth $7,990,000 after buying an additional 48,948 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $50.36 on Tuesday. The company’s fifty day moving average price is $48.12 and its two-hundred day moving average price is $46.88. The company has a market cap of $10.24 billion, a price-to-earnings ratio of 17.86 and a beta of 0.85. Putnam Focused Large Cap Value ETF has a 1-year low of $37.56 and a 1-year high of $50.53.

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.