Cooper Financial Group Purchases 15,423 Shares of Putnam Focused Large Cap Value ETF $PVAL

Cooper Financial Group lifted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 427,522 shares of the company’s stock after purchasing an additional 15,423 shares during the quarter. Putnam Focused Large Cap Value ETF comprises approximately 2.1% of Cooper Financial Group’s portfolio, making the stock its 11th largest holding. Cooper Financial Group owned approximately 0.30% of Putnam Focused Large Cap Value ETF worth $19,482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp bought a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $63,000. Franklin Resources Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter valued at about $94,000. CoreCap Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $123,000. Lantern Wealth Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter worth about $224,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter worth about $228,000.

Putnam Focused Large Cap Value ETF Trading Down 1.1%

PVAL stock opened at $45.68 on Friday. The company’s 50 day moving average is $47.48 and its 200 day moving average is $45.07. The stock has a market cap of $7.50 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 1-year low of $32.83 and a 1-year high of $49.13.

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.