WESPAC Advisors LLC Increases Stock Holdings in Putnam Focused Large Cap Value ETF $PVAL

WESPAC Advisors LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 184.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,490 shares of the company’s stock after purchasing an additional 15,240 shares during the period. WESPAC Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,003,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PVAL. Cullen Frost Bankers Inc. purchased a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter worth approximately $99,874,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Putnam Focused Large Cap Value ETF by 106.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock worth $143,456,000 after acquiring an additional 1,841,717 shares during the period. Bank of America Corp DE raised its stake in shares of Putnam Focused Large Cap Value ETF by 19.6% in the second quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock valued at $409,658,000 after acquiring an additional 1,669,903 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Putnam Focused Large Cap Value ETF by 27.1% in the second quarter. Cetera Investment Advisers now owns 3,552,531 shares of the company’s stock valued at $142,918,000 after purchasing an additional 758,283 shares during the period. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter worth about $30,245,000.

Putnam Focused Large Cap Value ETF Price Performance

PVAL stock opened at $46.77 on Wednesday. The business’s 50-day moving average is $44.96 and its two-hundred day moving average is $42.90. The firm has a market capitalization of $7.01 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $47.02.

Putnam Focused Large Cap Value ETF Announces Dividend

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

Putnam Focused Large Cap Value ETF Company 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.