Putnam Focused Large Cap Value ETF $PVAL Shares Bought by Trademark Financial Management LLC

Trademark Financial Management LLC lifted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 429.2% during the third quarter, HoldingsChannel.com reports. The fund owned 143,929 shares of the company’s stock after purchasing an additional 116,730 shares during the period. Putnam Focused Large Cap Value ETF makes up approximately 3.6% of Trademark Financial Management LLC’s investment portfolio, making the stock its 5th biggest holding. Trademark Financial Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $6,149,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PVAL. Rothschild Investment LLC bought a new stake in Putnam Focused Large Cap Value ETF in the second quarter valued at approximately $67,000. Franklin Resources Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $94,000. Ameritas Advisory Services LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $121,000. Rockbridge Investment Management LCC acquired a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter worth $211,000. Finally, JGP Wealth Management LLC bought a new position in Putnam Focused Large Cap Value ETF during the second quarter worth about $228,000.

Putnam Focused Large Cap Value ETF Trading Up 0.1%

NYSEARCA:PVAL opened at $46.16 on Monday. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $46.21. The stock has a 50-day moving average price of $44.19 and a two-hundred day moving average price of $42.31. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.