Weil Company Inc. Acquires 9,476 Shares of Putnam Focused Large Cap Value ETF $PVAL

Weil Company Inc. boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 258,040 shares of the company’s stock after purchasing an additional 9,476 shares during the period. Putnam Focused Large Cap Value ETF comprises 2.4% of Weil Company Inc.’s holdings, making the stock its 12th largest position. Weil Company Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $13,578,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of PVAL. Blue Trust Inc. bought a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 113.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,406 shares of the company’s stock valued at $72,000 after purchasing an additional 748 shares during the last quarter. Signature Equity Partners LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 1st quarter worth $75,000. Community Bank N.A. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter worth $79,000. Finally, International Assets Investment Management LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 44.4% during the 1st quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock worth $91,000 after purchasing an additional 600 shares during the period.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of NYSEARCA:PVAL opened at $53.95 on Thursday. The company’s 50-day moving average is $53.83 and its 200 day moving average is $51.56. The company has a market capitalization of $14.83 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 $42.14 and a fifty-two week high of $54.70.

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.