MGO One Seven LLC Purchases 12,059 Shares of Putnam Focused Large Cap Value ETF $PVAL

MGO One Seven LLC boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 36.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,458 shares of the company’s stock after purchasing an additional 12,059 shares during the quarter. MGO One Seven LLC owned about 0.05% of Putnam Focused Large Cap Value ETF worth $1,829,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Midwest Capital Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 16.7% in the 2nd quarter. Midwest Capital Advisors LLC now owns 104,984 shares of the company’s stock valued at $4,224,000 after purchasing an additional 14,992 shares during the period. CWM LLC boosted its stake in Putnam Focused Large Cap Value ETF by 40.5% in the 2nd quarter. CWM LLC now owns 2,601,082 shares of the company’s stock valued at $104,642,000 after purchasing an additional 750,161 shares during the period. Valmark Advisers Inc. bought a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $770,000. WESPAC Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 10.6% in the 2nd quarter. WESPAC Advisors LLC now owns 8,250 shares of the company’s stock valued at $332,000 after purchasing an additional 789 shares during the period. Finally, Sax Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 130.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 360,157 shares of the company’s stock valued at $14,489,000 after purchasing an additional 204,071 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

PVAL opened at $42.82 on Thursday. The business has a fifty day simple moving average of $42.00 and a 200 day simple moving average of $39.71. The company has a market capitalization of $4.72 billion, a PE ratio of 17.86 and a beta of 0.89. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $43.12.

Putnam Focused Large Cap Value ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Monday, October 6th were given a dividend of $0.1029 per share. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, October 6th.

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.