Centaurus Financial Inc. Buys New Position in Putnam Focused Large Cap Value ETF $PVAL

Centaurus Financial Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 220,389 shares of the company’s stock, valued at approximately $10,226,000. Centaurus Financial Inc. owned about 0.11% of Putnam Focused Large Cap Value ETF as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Essex Financial Services Inc. increased its holdings in shares of Putnam Focused Large Cap Value ETF by 22.2% in the 1st quarter. Essex Financial Services Inc. now owns 141,768 shares of the company’s stock valued at $6,578,000 after acquiring an additional 25,732 shares during the period. Diversify Advisory Services LLC boosted its stake in Putnam Focused Large Cap Value ETF by 40.4% during the 4th quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock worth $7,990,000 after purchasing an additional 48,948 shares during the period. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the 4th quarter worth $596,000. Sowa Financial Group Inc. grew its position in Putnam Focused Large Cap Value ETF by 4.1% during the 4th quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock worth $26,021,000 after purchasing an additional 22,742 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its position in Putnam Focused Large Cap Value ETF by 209.7% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 167,421 shares of the company’s stock worth $7,629,000 after purchasing an additional 113,361 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA PVAL opened at $52.48 on Thursday. The firm’s fifty day moving average is $51.36 and its two-hundred day moving average is $49.07. Putnam Focused Large Cap Value ETF has a one year low of $39.71 and a one year high of $53.19. The firm has a market cap of $13.07 billion, a PE ratio of 17.86 and a beta of 0.84.

About Putnam Focused Large Cap Value ETF

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.