Putnam Focused Large Cap Value ETF (PVAL) to Issue Dividend of $0.11 on December 23rd

Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) declared a dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be paid a dividend of 0.1124 per share on Tuesday, December 23rd. The ex-dividend date of this dividend is Friday, December 19th.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $45.47 on Friday. The stock has a fifty day moving average of $43.83 and a 200-day moving average of $42.02. The company has a market capitalization of $5.18 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.83 and a fifty-two week high of $45.86.

Institutional Trading of Putnam Focused Large Cap Value ETF

A number of institutional investors have recently bought and sold shares of PVAL. Fifth Third Bancorp bought a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter worth approximately $63,000. Rothschild Investment LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at approximately $67,000. Franklin Resources Inc. acquired a new stake in Putnam Focused Large Cap Value ETF during the second quarter worth approximately $94,000. CoreCap Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $123,000. Finally, Ameritas Advisory Services LLC bought a new position in Putnam Focused Large Cap Value ETF during the 2nd quarter worth $121,000.

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.