Baker Tilly Wealth Management LLC Has $16.39 Million Holdings in Putnam Focused Large Cap Value ETF $PVAL

Baker Tilly Wealth Management LLC boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 14.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 383,637 shares of the company’s stock after acquiring an additional 49,676 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for about 3.7% of Baker Tilly Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Baker Tilly Wealth Management LLC owned about 0.35% of Putnam Focused Large Cap Value ETF worth $16,389,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. M&T Bank Corp bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter valued at approximately $3,900,000. Rollins Financial Advisors LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 69.2% during the 2nd quarter. Rollins Financial Advisors LLC now owns 94,388 shares of the company’s stock worth $3,797,000 after buying an additional 38,605 shares during the period. Commonwealth Equity Services LLC boosted its stake in Putnam Focused Large Cap Value ETF by 16.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 4,356,644 shares of the company’s stock valued at $175,268,000 after buying an additional 605,693 shares in the last quarter. IVC Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 48.1% in the 2nd quarter. IVC Wealth Advisors LLC now owns 270,420 shares of the company’s stock valued at $10,879,000 after buying an additional 87,824 shares in the last quarter. Finally, CW Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF in the first quarter valued at $476,000.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $45.47 on Friday. The firm has a market capitalization of $5.18 billion, a P/E ratio of 17.86 and a beta of 0.88. The stock has a fifty day moving average price of $43.83 and a two-hundred day moving average price of $42.02. Putnam Focused Large Cap Value ETF has a 52-week low of $32.83 and a 52-week high of $45.86.

Putnam Focused Large Cap Value ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th will be issued a dividend of $0.1124 per share. The ex-dividend date of this dividend is Friday, December 19th.

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.