Rollins Financial Advisors LLC Purchases 79,772 Shares of Putnam Focused Large Cap Value ETF $PVAL

Rollins Financial Advisors LLC raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 61.4% in the 4th quarter, Holdings Channel reports. The firm owned 209,695 shares of the company’s stock after buying an additional 79,772 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for 1.4% of Rollins Financial Advisors LLC’s holdings, making the stock its 16th largest position. Rollins Financial Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $9,556,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 14.7% during the 1st quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after acquiring an additional 9,442 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 1st quarter worth $2,380,000. JPMorgan Chase & Co. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 124.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 27,867 shares of the company’s stock worth $1,121,000 after acquiring an additional 15,435 shares during the last quarter. Franklin Resources Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $94,000. Finally, Brown Advisory Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after acquiring an additional 300 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA PVAL opened at $49.58 on Wednesday. Putnam Focused Large Cap Value ETF has a 52-week low of $37.56 and a 52-week high of $49.72. The company has a market capitalization of $10.08 billion, a P/E ratio of 17.86 and a beta of 0.85. The company has a fifty day moving average of $47.61 and a 200-day moving average of $46.46.

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.