Commonwealth Equity Services LLC Boosts Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Commonwealth Equity Services LLC lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 96.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,604 shares of the company’s stock after buying an additional 69,050 shares during the period. Commonwealth Equity Services LLC owned approximately 2.58% of Putnam Focused Large Cap Value ETF worth $3,902,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Stratos Wealth Advisors LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 12.1% during the 1st quarter. Stratos Wealth Advisors LLC now owns 181,662 shares of the company’s stock valued at $5,042,000 after acquiring an additional 19,612 shares in the last quarter. Cetera Advisor Networks LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 660.9% in the fourth quarter. Cetera Advisor Networks LLC now owns 349,008 shares of the company’s stock worth $9,430,000 after buying an additional 303,142 shares during the period. UBS Group AG acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $383,000. Advisor Group Holdings Inc. raised its stake in shares of Putnam Focused Large Cap Value ETF by 1,124.2% during the fourth quarter. Advisor Group Holdings Inc. now owns 1,212 shares of the company’s stock valued at $33,000 after purchasing an additional 1,113 shares during the period. Finally, Atria Investments Inc grew its holdings in Putnam Focused Large Cap Value ETF by 2.3% during the 1st quarter. Atria Investments Inc now owns 60,338 shares of the company’s stock valued at $1,675,000 after purchasing an additional 1,354 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $30.10 on Monday. The firm’s fifty day moving average price is $29.70 and its 200 day moving average price is $28.37. Putnam Focused Large Cap Value ETF has a 12-month low of $23.87 and a 12-month high of $30.64. The company has a market capitalization of $195.65 million, a price-to-earnings ratio of 12.45 and a beta of 0.89.

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.