Elyxium Wealth LLC Acquires 24,473 Shares of Putnam Focused Large Cap Value ETF $PVAL

Elyxium Wealth LLC boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 107.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,155 shares of the company’s stock after acquiring an additional 24,473 shares during the period. Elyxium Wealth LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,149,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Macroview Investment Management LLC raised its stake in Putnam Focused Large Cap Value ETF by 268.2% in the 4th quarter. Macroview Investment Management LLC now owns 53,879 shares of the company’s stock valued at $2,455,000 after acquiring an additional 39,247 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in Putnam Focused Large Cap Value ETF by 42.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,571,225 shares of the company’s stock valued at $71,601,000 after acquiring an additional 467,121 shares during the period. Stephens Inc. AR raised its stake in Putnam Focused Large Cap Value ETF by 27.9% in the 4th quarter. Stephens Inc. AR now owns 87,617 shares of the company’s stock valued at $3,993,000 after acquiring an additional 19,127 shares during the period. USAdvisors Wealth Management LLC bought a new stake in Putnam Focused Large Cap Value ETF in the 4th quarter valued at $4,347,000. Finally, Thrivent Financial for Lutherans bought a new stake in Putnam Focused Large Cap Value ETF in the 4th quarter valued at $35,203,000.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $49.85 on Monday. Putnam Focused Large Cap Value ETF has a 1-year low of $37.56 and a 1-year high of $50.36. The stock’s fifty day simple moving average is $47.72 and its 200 day simple moving average is $46.60. The stock has a market cap of $10.13 billion, a PE ratio of 17.86 and a beta of 0.85.

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.