Breakwater Capital Group Grows Stock Position in Putnam Focused Large Cap Value ETF $PVAL

Breakwater Capital Group boosted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 190.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,898 shares of the company’s stock after buying an additional 20,915 shares during the period. Breakwater Capital Group’s holdings in Putnam Focused Large Cap Value ETF were worth $1,454,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PVAL. Royal Bank of Canada lifted its stake in shares of Putnam Focused Large Cap Value ETF by 14.7% in the 1st quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after acquiring an additional 9,442 shares during the period. Jane Street Group LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF during the first quarter worth about $2,380,000. Rockefeller Capital Management L.P. increased its stake in shares of Putnam Focused Large Cap Value ETF by 90.5% during the second quarter. Rockefeller Capital Management L.P. now owns 47,239 shares of the company’s stock worth $1,900,000 after acquiring an additional 22,439 shares during the period. JPMorgan Chase & Co. raised its holdings in Putnam Focused Large Cap Value ETF by 124.2% during the second quarter. JPMorgan Chase & Co. now owns 27,867 shares of the company’s stock worth $1,121,000 after purchasing an additional 15,435 shares in the last quarter. Finally, MAI Capital Management raised its holdings in Putnam Focused Large Cap Value ETF by 124.3% during the second quarter. MAI Capital Management now owns 94,605 shares of the company’s stock worth $3,806,000 after purchasing an additional 52,418 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 1.1%

Shares of NYSEARCA:PVAL opened at $45.68 on Monday. 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 50-day moving average price of $47.48 and a 200 day moving average price of $45.10. The company has a market cap of $7.50 billion, a P/E 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.