Putnam Focused Large Cap Value ETF $PVAL is Coign Capital Advisors LLC’s 3rd Largest Position

Coign Capital Advisors LLC increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 47.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 272,728 shares of the company’s stock after acquiring an additional 88,106 shares during the quarter. Putnam Focused Large Cap Value ETF makes up about 6.4% of Coign Capital Advisors LLC’s holdings, making the stock its 3rd biggest position. Coign Capital Advisors LLC owned 0.24% of Putnam Focused Large Cap Value ETF worth $11,651,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PVAL. Royal Bank of Canada lifted its position in Putnam Focused Large Cap Value ETF by 14.7% during the 1st quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after acquiring an additional 9,442 shares during the period. Jane Street Group LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the first quarter worth approximately $2,380,000. Essex Financial Services Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 22.2% during the second quarter. Essex Financial Services Inc. now owns 76,956 shares of the company’s stock worth $3,096,000 after purchasing an additional 13,987 shares during the period. Embree Financial Group lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 47.6% during the second quarter. Embree Financial Group now owns 277,002 shares of the company’s stock worth $11,144,000 after purchasing an additional 89,394 shares during the period. Finally, Clear Point Advisors Inc. purchased a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $487,000.

Putnam Focused Large Cap Value ETF Stock Up 0.4%

Shares of NYSEARCA:PVAL opened at $46.90 on Friday. Putnam Focused Large Cap Value ETF has a 52 week low of $32.83 and a 52 week high of $47.14. The company has a 50-day moving average price of $45.39 and a 200 day moving average price of $43.16. The company has a market cap of $7.28 billion, a P/E ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were given a $0.1124 dividend. The ex-dividend date was Friday, December 19th.

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.