Benjamin Edwards Inc. Purchases 2,000 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Benjamin Edwards Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 12.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,700 shares of the company’s stock after buying an additional 2,000 shares during the quarter. Benjamin Edwards Inc. owned approximately 0.12% of Putnam Focused Large Cap Value ETF worth $657,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp raised its holdings in shares of Putnam Focused Large Cap Value ETF by 122.0% during the fourth quarter. Stifel Financial Corp now owns 1,122,788 shares of the company’s stock valued at $41,678,000 after acquiring an additional 617,092 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Putnam Focused Large Cap Value ETF by 52.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,227,015 shares of the company’s stock valued at $45,547,000 after acquiring an additional 424,026 shares in the last quarter. Allegheny Financial Group raised its position in shares of Putnam Focused Large Cap Value ETF by 100.5% in the 4th quarter. Allegheny Financial Group now owns 346,329 shares of the company’s stock worth $12,856,000 after acquiring an additional 173,572 shares in the last quarter. Harbor Group Inc. lifted its stake in shares of Putnam Focused Large Cap Value ETF by 86.5% in the 4th quarter. Harbor Group Inc. now owns 352,556 shares of the company’s stock valued at $13,087,000 after purchasing an additional 163,516 shares during the period. Finally, Amplius Wealth Advisors LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 10.3% during the fourth quarter. Amplius Wealth Advisors LLC now owns 1,727,791 shares of the company’s stock valued at $64,136,000 after purchasing an additional 161,154 shares in the last quarter.

Putnam Focused Large Cap Value ETF Trading Up 0.2 %

PVAL opened at $37.50 on Friday. The company has a market cap of $2.69 billion, a price-to-earnings ratio of 19.28 and a beta of 0.89. The stock has a fifty day simple moving average of $36.76 and a two-hundred day simple moving average of $37.91. Putnam Focused Large Cap Value ETF has a 12-month low of $32.83 and a 12-month high of $40.07.

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.