Capital Analysts LLC Acquires 99,997 Shares of Putnam Focused Large Cap Value ETF $PVAL

Capital Analysts LLC grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,190,333 shares of the company’s stock after buying an additional 99,997 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for approximately 1.4% of Capital Analysts LLC’s portfolio, making the stock its 13th largest holding. Capital Analysts LLC owned about 0.47% of Putnam Focused Large Cap Value ETF worth $60,647,000 as of its most recent SEC filing.

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

Putnam Focused Large Cap Value ETF Stock Performance

Shares of PVAL stock opened at $53.91 on Wednesday. The company has a market capitalization of $13.60 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a fifty-two week low of $41.58 and a fifty-two week high of $54.70. The stock has a 50 day moving average price of $53.25 and a two-hundred day moving average price of $50.40.

About Putnam Focused Large Cap Value ETF

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.