8,588 Shares in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,588 shares of the company’s stock, valued at approximately $326,000.

A number of other large investors have also bought and sold shares of PVAL. Sentinel Pension Advisors LLC grew its stake in Putnam Focused Large Cap Value ETF by 3.5% in the first quarter. Sentinel Pension Advisors LLC now owns 30,586 shares of the company’s stock valued at $1,165,000 after purchasing an additional 1,032 shares in the last quarter. StoneCrest Wealth Management Inc. grew its stake in shares of Putnam Focused Large Cap Value ETF by 2.5% in the first quarter. StoneCrest Wealth Management Inc. now owns 179,181 shares of the company’s stock valued at $6,823,000 after buying an additional 4,347 shares in the last quarter. SeaCrest Wealth Management LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 22.9% in the first quarter. SeaCrest Wealth Management LLC now owns 76,355 shares of the company’s stock valued at $2,908,000 after buying an additional 14,250 shares in the last quarter. Harbor Group Inc. grew its position in shares of Putnam Focused Large Cap Value ETF by 112.5% in the 1st quarter. Harbor Group Inc. now owns 749,153 shares of the company’s stock valued at $28,528,000 after acquiring an additional 396,597 shares during the period. Finally, Key Client Fiduciary Advisors LLC grew its position in shares of Putnam Focused Large Cap Value ETF by 4.9% in the 1st quarter. Key Client Fiduciary Advisors LLC now owns 9,408 shares of the company’s stock valued at $358,000 after acquiring an additional 438 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL opened at $39.00 on Wednesday. The company has a market cap of $2.98 billion, a PE ratio of 19.60 and a beta of 0.89. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $40.07. The firm has a 50-day moving average of $37.57 and a 200-day moving average of $37.87.

About Putnam Focused Large Cap Value ETF

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.