14,299 Putnam Focused Large Cap Value ETF $PVAL Shares Bought by Trademark Financial Management LLC

Trademark Financial Management LLC increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 288,698 shares of the company’s stock after purchasing an additional 14,299 shares during the period. Putnam Focused Large Cap Value ETF accounts for 6.2% of Trademark Financial Management LLC’s holdings, making the stock its 2nd biggest holding. Trademark Financial Management LLC owned 0.10% of Putnam Focused Large Cap Value ETF worth $15,191,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PVAL. 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 valued at $278,000 after buying an additional 250 shares in the last quarter. Processus Wealth & Capital Management LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.3% in the third quarter. Processus Wealth & Capital Management LLC now owns 14,824 shares of the company’s stock worth $780,000 after buying an additional 338 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 6.4% in the second quarter. NewEdge Advisors LLC now owns 8,205 shares of the company’s stock worth $418,000 after buying an additional 494 shares in the last quarter. Blue Trust Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the first quarter worth $27,000. Finally, International Assets Investment Management LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 44.4% during the first quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of NYSEARCA:PVAL opened at $53.91 on Monday. The firm has a fifty day moving average price of $53.79 and a 200 day moving average price of $51.94. Putnam Focused Large Cap Value ETF has a fifty-two week low of $42.76 and a fifty-two week high of $54.70. The firm has a market cap of $15.06 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84.

Putnam Focused Large Cap Value ETF 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.