Putnam Focused Large Cap Value ETF $PVAL Shares Purchased by Aurdan Capital Management LLC

Aurdan Capital Management LLC raised its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 369,142 shares of the company’s stock after acquiring an additional 33,390 shares during the quarter. Putnam Focused Large Cap Value ETF makes up about 5.2% of Aurdan Capital Management LLC’s holdings, making the stock its 4th largest holding. Aurdan Capital Management LLC owned 0.25% of Putnam Focused Large Cap Value ETF worth $16,822,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in PVAL. Cullen Frost Bankers Inc. boosted its stake in Putnam Focused Large Cap Value ETF by 135.4% during the third quarter. Cullen Frost Bankers Inc. now owns 5,843,370 shares of the company’s stock worth $249,629,000 after buying an additional 3,360,792 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF by 266.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,916,963 shares of the company’s stock valued at $167,333,000 after acquiring an additional 2,847,566 shares during the last quarter. Bank of America Corp DE boosted its holdings in Putnam Focused Large Cap Value ETF by 22.0% in the 3rd quarter. Bank of America Corp DE now owns 12,422,010 shares of the company’s stock valued at $530,668,000 after purchasing an additional 2,239,115 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Putnam Focused Large Cap Value ETF by 106.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock worth $143,456,000 after buying an additional 1,841,717 shares during the period. Finally, Glenmede Investment Management LP boosted its position in Putnam Focused Large Cap Value ETF by 15.8% in the 3rd quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock valued at $247,224,000 after buying an additional 789,767 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.8%

Shares of PVAL opened at $46.05 on Tuesday. 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 market capitalization of $7.56 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The stock has a 50 day moving average price of $47.47 and a 200 day moving average price of $45.12.

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.