17,511 Shares in Putnam Focused Large Cap Value ETF $PVAL Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC purchased a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 17,511 shares of the company’s stock, valued at approximately $748,000.

Several other large investors also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of Putnam Focused Large Cap Value ETF by 14.7% in the first quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock valued at $2,798,000 after acquiring an additional 9,442 shares in the last quarter. Jane Street Group LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at $2,380,000. Stephens Inc. AR lifted its holdings in Putnam Focused Large Cap Value ETF by 42.6% in the 2nd quarter. Stephens Inc. AR now owns 17,214 shares of the company’s stock valued at $693,000 after purchasing an additional 5,144 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,069,397 shares of the company’s stock worth $43,022,000 after purchasing an additional 25,228 shares during the last quarter. Finally, GGM Financials LLC boosted its stake in Putnam Focused Large Cap Value ETF by 33.4% during the 2nd quarter. GGM Financials LLC now owns 79,003 shares of the company’s stock worth $3,178,000 after purchasing an additional 19,778 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.5%

Putnam Focused Large Cap Value ETF stock opened at $48.61 on Friday. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 52-week low of $32.83 and a 52-week high of $49.13. The company has a fifty day simple moving average of $47.01 and a 200-day simple moving average of $44.25.

Putnam Focused Large Cap Value ETF Announces Dividend

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