Opal Wealth Advisors LLC Has $64.65 Million Stock Holdings in Putnam Focused Large Cap Value ETF $PVAL

Opal Wealth Advisors LLC grew its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,513,333 shares of the company’s stock after purchasing an additional 31,080 shares during the period. Putnam Focused Large Cap Value ETF comprises approximately 18.0% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Opal Wealth Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $64,650,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Putnam Focused Large Cap Value ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock worth $409,658,000 after purchasing an additional 1,669,903 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Putnam Focused Large Cap Value ETF by 12.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 4,889,690 shares of the company’s stock worth $208,888,000 after buying an additional 533,046 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Putnam Focused Large Cap Value ETF by 106.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock valued at $143,456,000 after acquiring an additional 1,841,717 shares in the last quarter. Cetera Investment Advisers raised its holdings in Putnam Focused Large Cap Value ETF by 27.1% during the second quarter. Cetera Investment Advisers now owns 3,552,531 shares of the company’s stock worth $142,918,000 after acquiring an additional 758,283 shares in the last quarter. Finally, CWM LLC boosted its position in Putnam Focused Large Cap Value ETF by 17.4% during the third quarter. CWM LLC now owns 3,054,488 shares of the company’s stock valued at $130,488,000 after purchasing an additional 453,406 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.7%

NYSEARCA:PVAL opened at $46.92 on Friday. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $47.02. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The stock’s 50 day moving average price is $44.81 and its two-hundred day moving average price is $42.78.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a $0.1124 dividend. The ex-dividend date 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.