PCG Wealth Advisors LLC Makes New $961,000 Investment in Putnam Focused Large Cap Value ETF $PVAL

PCG Wealth Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,865 shares of the company’s stock, valued at approximately $961,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Aspire Capital Advisors LLC boosted its stake in shares of Putnam Focused Large Cap Value ETF by 10.7% during the 2nd quarter. Aspire Capital Advisors LLC now owns 16,193 shares of the company’s stock worth $825,000 after acquiring an additional 1,563 shares in the last quarter. Elevation Wealth Management LLC boosted its position in Putnam Focused Large Cap Value ETF by 7.2% during the second quarter. Elevation Wealth Management LLC now owns 9,770 shares of the company’s stock worth $498,000 after purchasing an additional 655 shares during the period. Integrity Financial Corp WA grew its holdings in Putnam Focused Large Cap Value ETF by 4.0% during the second quarter. Integrity Financial Corp WA now owns 28,656 shares of the company’s stock valued at $1,460,000 after purchasing an additional 1,089 shares during the last quarter. Continuum Advisory LLC grew its holdings in Putnam Focused Large Cap Value ETF by 64.5% during the second quarter. Continuum Advisory LLC now owns 67,223 shares of the company’s stock valued at $3,425,000 after purchasing an additional 26,347 shares during the last quarter. Finally, Secure Asset Management LLC grew its holdings in Putnam Focused Large Cap Value ETF by 524.4% during the second quarter. Secure Asset Management LLC now owns 124,588 shares of the company’s stock valued at $6,348,000 after purchasing an additional 104,635 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 0.5%

NYSEARCA:PVAL opened at $54.14 on Friday. The company’s 50 day moving average is $53.13 and its 200-day moving average is $50.31. Putnam Focused Large Cap Value ETF has a 12 month low of $41.55 and a 12 month high of $54.70. The firm has a market cap of $13.66 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84.

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.