Putnam Focused Large Cap Value ETF $PVAL is BridgePort Financial Solutions LLC’s 2nd Largest Position

BridgePort Financial Solutions LLC grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 357,272 shares of the company’s stock after buying an additional 10,895 shares during the period. Putnam Focused Large Cap Value ETF accounts for about 4.4% of BridgePort Financial Solutions LLC’s investment portfolio, making the stock its 2nd largest position. BridgePort Financial Solutions LLC owned about 0.24% of Putnam Focused Large Cap Value ETF worth $16,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of PVAL. Fifth Third Bancorp purchased a new position in Putnam Focused Large Cap Value ETF during the third quarter valued at $63,000. Franklin Resources Inc. purchased a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter worth $94,000. CoreCap Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $123,000. Lantern Wealth Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $224,000. Finally, Strategic Blueprint LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at about $228,000.

Putnam Focused Large Cap Value ETF Trading Up 0.1%

Shares of PVAL stock opened at $46.63 on Friday. Putnam Focused Large Cap Value ETF has a 12-month low of $32.83 and a 12-month high of $49.13. The stock’s 50-day moving average price is $47.38 and its 200-day moving average price is $45.31. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF 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.