Dynamic Advisor Solutions LLC Purchases 4,023 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Dynamic Advisor Solutions LLC boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 17.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 27,605 shares of the company’s stock after acquiring an additional 4,023 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,051,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC raised its stake in Putnam Focused Large Cap Value ETF by 17.7% in the 1st quarter. Opal Wealth Advisors LLC now owns 1,429,509 shares of the company’s stock valued at $54,436,000 after acquiring an additional 214,557 shares during the period. Sowa Financial Group Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 7.2% during the first quarter. Sowa Financial Group Inc. now owns 491,201 shares of the company’s stock valued at $18,705,000 after buying an additional 32,781 shares during the period. Redhawk Wealth Advisors Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 11.0% during the first quarter. Redhawk Wealth Advisors Inc. now owns 266,905 shares of the company’s stock valued at $10,164,000 after buying an additional 26,344 shares during the period. Wealthcare Advisory Partners LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 9.0% during the first quarter. Wealthcare Advisory Partners LLC now owns 34,944 shares of the company’s stock valued at $1,331,000 after buying an additional 2,876 shares during the period. Finally, Farther Finance Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the first quarter valued at about $326,000.

Putnam Focused Large Cap Value ETF Stock Down 0.8%

Shares of PVAL opened at $39.00 on Wednesday. The business’s 50-day moving average price is $37.57 and its 200-day moving average price is $37.87. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $40.07. The stock has a market cap of $2.98 billion, a PE ratio of 19.60 and a beta of 0.89.

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.