Cozad Asset Management Inc. Has $679,000 Stake in Putnam Focused Large Cap Value ETF $PVAL

Cozad Asset Management Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 80.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,874 shares of the company’s stock after acquiring an additional 7,531 shares during the quarter. Cozad Asset Management Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $679,000 at the end of the most recent reporting period.

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

Putnam Focused Large Cap Value ETF Trading Up 1.3%

Shares of NYSEARCA PVAL opened at $43.39 on Friday. The company has a market capitalization of $4.94 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 12 month low of $32.83 and a 12 month high of $44.40. The stock has a 50 day moving average of $42.92 and a 200-day moving average of $41.13.

Putnam Focused Large Cap Value ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Monday, October 6th were issued a $0.1029 dividend. This represents a $0.41 annualized dividend and a dividend yield of 0.9%. 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.