Capital Analysts LLC Purchases 99,997 Shares of Putnam Focused Large Cap Value ETF $PVAL

Capital Analysts LLC lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,190,333 shares of the company’s stock after purchasing an additional 99,997 shares during the period. Putnam Focused Large Cap Value ETF accounts for approximately 1.4% of Capital Analysts LLC’s portfolio, making the stock its 13th largest position. Capital Analysts LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $60,647,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PVAL. 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. Morgan Stanley raised its position in Putnam Focused Large Cap Value ETF by 24.9% during the 4th quarter. Morgan Stanley now owns 9,566,730 shares of the company’s stock valued at $435,956,000 after purchasing an additional 1,906,373 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Putnam Focused Large Cap Value ETF by 27.6% in the 4th quarter. Cetera Investment Advisers now owns 6,853,915 shares of the company’s stock worth $312,333,000 after buying an additional 1,484,571 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in Putnam Focused Large Cap Value ETF by 17.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 6,852,855 shares of the company’s stock worth $312,285,000 after buying an additional 1,009,485 shares during the period. Finally, Bleakley Financial Group LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $35,501,000.

Putnam Focused Large Cap Value ETF Stock Down 0.4%

Shares of Putnam Focused Large Cap Value ETF stock opened at $53.91 on Wednesday. The company has a market cap of $13.60 billion, a PE ratio of 17.86 and a beta of 0.84. The business has a 50 day moving average of $53.25 and a 200 day moving average of $50.40. Putnam Focused Large Cap Value ETF has a 52 week low of $41.58 and a 52 week high of $54.70.

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.