Jones Financial Companies Lllp Buys 138,447 Shares of Putnam Focused Large Cap Value ETF $PVAL

Jones Financial Companies Lllp raised its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 214.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 203,047 shares of the company’s stock after buying an additional 138,447 shares during the period. Jones Financial Companies Lllp owned about 0.18% of Putnam Focused Large Cap Value ETF worth $8,632,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cullen Frost Bankers Inc. lifted its stake in shares of Putnam Focused Large Cap Value ETF by 135.4% in the third quarter. Cullen Frost Bankers Inc. now owns 5,843,370 shares of the company’s stock worth $249,629,000 after acquiring an additional 3,360,792 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Putnam Focused Large Cap Value ETF by 106.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock worth $143,456,000 after purchasing an additional 1,841,717 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Putnam Focused Large Cap Value ETF by 19.6% in the 2nd quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock worth $409,658,000 after purchasing an additional 1,669,903 shares during the period. Cetera Investment Advisers boosted its stake in shares of Putnam Focused Large Cap Value ETF by 27.1% in the 2nd quarter. Cetera Investment Advisers now owns 3,552,531 shares of the company’s stock valued at $142,918,000 after purchasing an additional 758,283 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $30,245,000.

Putnam Focused Large Cap Value ETF Stock Down 0.7%

Shares of NYSEARCA PVAL opened at $48.09 on Friday. The company has a market capitalization of $7.89 billion, a PE ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $48.77. The firm has a fifty day simple moving average of $46.18 and a 200 day simple moving average of $43.63.

Putnam Focused Large Cap Value ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid 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.