Putnam Focused Large Cap Value ETF $PVAL Shares Acquired by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC lifted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 27.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 164,664 shares of the company’s stock after acquiring an additional 35,478 shares during the period. Putnam Focused Large Cap Value ETF accounts for 3.6% of Midwest Capital Advisors LLC’s holdings, making the stock its 9th largest position. Midwest Capital Advisors LLC owned about 0.08% of Putnam Focused Large Cap Value ETF worth $7,640,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. acquired a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at $27,000. Parkside Financial Bank & Trust acquired a new stake in Putnam Focused Large Cap Value ETF during the 4th quarter worth $52,000. MCF Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth $53,000. Global Retirement Partners LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth $58,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth about $62,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

PVAL stock opened at $51.09 on Thursday. The firm has a 50-day moving average of $50.27 and a two-hundred day moving average of $48.20. Putnam Focused Large Cap Value ETF has a 12 month low of $39.71 and a 12 month high of $52.13. The company has a market cap of $14.13 billion, a price-to-earnings 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.