Citadel Advisors LLC Sells 21,217 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Citadel Advisors LLC reduced its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 64.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,861 shares of the company’s stock after selling 21,217 shares during the quarter. Citadel Advisors LLC owned approximately 0.08% of Putnam Focused Large Cap Value ETF worth $440,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of PVAL. CENTRAL TRUST Co boosted its stake in shares of Putnam Focused Large Cap Value ETF by 104.8% in the 4th quarter. CENTRAL TRUST Co now owns 90,221 shares of the company’s stock valued at $3,349,000 after purchasing an additional 46,158 shares during the last quarter. Tempus Wealth Planning LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at $3,991,000. Kestra Private Wealth Services LLC boosted its stake in shares of Putnam Focused Large Cap Value ETF by 4.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 59,814 shares of the company’s stock valued at $2,220,000 after purchasing an additional 2,528 shares during the last quarter. GGM Financials LLC boosted its stake in shares of Putnam Focused Large Cap Value ETF by 2.9% in the 4th quarter. GGM Financials LLC now owns 412,635 shares of the company’s stock valued at $15,317,000 after purchasing an additional 11,678 shares during the last quarter. Finally, Opal Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 2.2% during the fourth quarter. Opal Wealth Advisors LLC now owns 1,214,952 shares of the company’s stock worth $45,099,000 after acquiring an additional 25,687 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA PVAL opened at $38.52 on Tuesday. The firm has a market cap of $2.94 billion, a PE ratio of 19.60 and a beta of 0.89. Putnam Focused Large Cap Value ETF has a 12-month low of $32.83 and a 12-month high of $40.07. The company’s fifty day simple moving average is $36.94 and its 200 day simple moving average is $37.89.

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.