Advisor OS LLC Makes New Investment in Putnam Focused Large Cap Value ETF $PVAL

Advisor OS LLC bought a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,658 shares of the company’s stock, valued at approximately $669,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brown Advisory Inc. raised its holdings in shares of Putnam Focused Large Cap Value ETF by 2.4% in the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after purchasing an additional 300 shares during the period. Tempus Wealth Planning LLC grew its holdings in Putnam Focused Large Cap Value ETF by 0.6% during the third quarter. Tempus Wealth Planning LLC now owns 65,336 shares of the company’s stock valued at $2,791,000 after purchasing an additional 406 shares during the period. Cox Capital Mgt LLC increased its position in Putnam Focused Large Cap Value ETF by 3.4% in the third quarter. Cox Capital Mgt LLC now owns 22,828 shares of the company’s stock worth $975,000 after buying an additional 749 shares during the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 5.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 18,400 shares of the company’s stock valued at $786,000 after buying an additional 871 shares during the period. Finally, ERn Financial LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 0.8% in the third quarter. ERn Financial LLC now owns 131,875 shares of the company’s stock valued at $5,634,000 after buying an additional 987 shares during the period.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL stock opened at $48.62 on Friday. The stock has a fifty day moving average of $47.25 and a 200-day moving average of $44.45. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.83 and a fifty-two week high of $49.13. The company 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 Dividend Announcement

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

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.