Auctus Advisors LLC Takes $43.59 Million Position in Putnam Focused Large Cap Value ETF $PVAL

Auctus Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 956,522 shares of the company’s stock, valued at approximately $43,589,000. Putnam Focused Large Cap Value ETF accounts for about 40.2% of Auctus Advisors LLC’s portfolio, making the stock its largest position. Auctus Advisors LLC owned 0.64% of Putnam Focused Large Cap Value ETF as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Fifth Third Bancorp acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth $63,000. Franklin Resources Inc. acquired a new stake in Putnam Focused Large Cap Value ETF during the second quarter worth about $94,000. CoreCap Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $123,000. Lantern Wealth Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $224,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $228,000.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL opened at $45.57 on Friday. The firm has a 50 day moving average price of $47.41 and a 200 day moving average price of $45.22. The company has a market cap of $7.48 billion, a PE ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $49.13.

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.