34,153 Putnam Focused Large Cap Value ETF $PVAL Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 12.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 305,524 shares of the company’s stock after purchasing an additional 34,153 shares during the period. Harbour Investments Inc. owned 0.11% of Putnam Focused Large Cap Value ETF worth $16,077,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in Putnam Focused Large Cap Value ETF by 48.4% during the 1st quarter. Bank of America Corp DE now owns 35,914,629 shares of the company’s stock valued at $1,666,439,000 after purchasing an additional 11,707,304 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $448,572,000. Cetera Investment Advisers lifted its holdings in Putnam Focused Large Cap Value ETF by 21.6% in the 1st quarter. Cetera Investment Advisers now owns 8,337,155 shares of the company’s stock worth $386,844,000 after buying an additional 1,483,240 shares during the period. Bouchey Financial Group Ltd. purchased a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $39,360,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Putnam Focused Large Cap Value ETF by 16.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,400,725 shares of the company’s stock worth $275,167,000 after buying an additional 762,099 shares during the last quarter.

Putnam Focused Large Cap Value ETF Trading Down 0.0%

Shares of PVAL stock traded down $0.02 during trading hours on Friday, reaching $55.07. The company’s stock had a trading volume of 1,961,593 shares, compared to its average volume of 1,696,991. The stock has a market capitalization of $15.83 billion, a P/E ratio of 21.14 and a beta of 0.83. Putnam Focused Large Cap Value ETF has a one year low of $42.76 and a one year high of $55.91. The firm’s fifty day simple moving average is $53.93 and its 200 day simple moving average is $51.07.

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.