Trademark Financial Management LLC Purchases 116,730 Shares of Putnam Focused Large Cap Value ETF $PVAL

Trademark Financial Management LLC boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 429.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 143,929 shares of the company’s stock after acquiring an additional 116,730 shares during the period. Putnam Focused Large Cap Value ETF accounts for 3.6% of Trademark Financial Management LLC’s portfolio, making the stock its 5th largest position. Trademark Financial Management LLC owned 0.13% of Putnam Focused Large Cap Value ETF worth $6,149,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PVAL. Brown Advisory Inc. lifted its position in Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock valued at $507,000 after purchasing an additional 300 shares during the period. Key Client Fiduciary Advisors LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 6.6% during the second quarter. Key Client Fiduciary Advisors LLC now owns 10,028 shares of the company’s stock worth $403,000 after buying an additional 620 shares during the last quarter. Cox Capital Mgt LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 3.4% in the third quarter. Cox Capital Mgt LLC now owns 22,828 shares of the company’s stock valued at $975,000 after buying an additional 749 shares during the period. WESPAC Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 10.6% in the second quarter. WESPAC Advisors LLC now owns 8,250 shares of the company’s stock valued at $332,000 after buying an additional 789 shares during the period. Finally, Comerica Bank boosted its stake in Putnam Focused Large Cap Value ETF by 15.3% in the first quarter. Comerica Bank now owns 6,350 shares of the company’s stock valued at $242,000 after acquiring an additional 841 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $46.16 on Monday. The company has a fifty day moving average price of $44.19 and a two-hundred day moving average price of $42.31. The firm has a market capitalization of $5.26 billion, a PE ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 52 week low of $32.83 and a 52 week high of $46.21.

Putnam Focused Large Cap Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.