Barnes Pettey Financial Advisors LLC Takes $564,000 Position in Putnam Focused Large Cap Value ETF $PVAL

Barnes Pettey Financial Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 12,158 shares of the company’s stock, valued at approximately $564,000.

A number of other large investors have also recently made changes to their positions in the company. Blue Trust Inc. acquired a new stake in Putnam Focused Large Cap Value ETF in the first quarter valued at approximately $27,000. Parkside Financial Bank & Trust purchased a new position in Putnam Focused Large Cap Value ETF in the fourth quarter worth approximately $52,000. MCF Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth approximately $53,000. Global Retirement Partners LLC acquired a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth approximately $58,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $62,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

Shares of NYSEARCA:PVAL opened at $51.09 on Thursday. Putnam Focused Large Cap Value ETF has a 52 week low of $39.71 and a 52 week high of $52.13. The company’s 50 day moving average is $50.27 and its two-hundred day moving average is $48.20. The company has a market cap of $14.13 billion, a PE ratio of 17.86 and a beta of 0.84.

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.