Bleakley Financial Group LLC Has $47.77 Million Stock Position in Putnam Focused Large Cap Value ETF $PVAL

Bleakley Financial Group LLC boosted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 32.2% during the 1st quarter, HoldingsChannel reports. The fund owned 1,029,520 shares of the company’s stock after buying an additional 250,484 shares during the quarter. Bleakley Financial Group LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $47,770,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its stake in Putnam Focused Large Cap Value ETF by 7.3% during the fourth quarter. Allworth Financial LP now owns 3,199 shares of the company’s stock worth $146,000 after buying an additional 219 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Putnam Focused Large Cap Value ETF by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 9,471 shares of the company’s stock valued at $432,000 after purchasing an additional 249 shares during the last quarter. Next Level Private LLC grew its holdings in Putnam Focused Large Cap Value ETF by 4.4% during the 1st quarter. Next Level Private LLC now owns 5,983 shares of the company’s stock worth $278,000 after acquiring an additional 250 shares during the period. Brown Advisory Inc. grew its stake in shares of Putnam Focused Large Cap Value ETF by 2.4% during the second quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after purchasing an additional 300 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its position in shares of Putnam Focused Large Cap Value ETF by 1.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 27,959 shares of the company’s stock worth $1,274,000 after buying an additional 413 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.1%

PVAL opened at $51.87 on Tuesday. The stock has a market cap of $12.33 billion, a P/E ratio of 17.86 and a beta of 0.84. The company has a fifty day simple moving average of $50.74 and a 200 day simple moving average of $48.55. Putnam Focused Large Cap Value ETF has a 12 month low of $39.71 and a 12 month high of $52.13.

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.