Putnam Focused Large Cap Value ETF $PVAL is Embree Financial Group’s 6th Largest Position

Embree Financial Group lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 79.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 606,936 shares of the company’s stock after purchasing an additional 269,353 shares during the quarter. Putnam Focused Large Cap Value ETF comprises 3.4% of Embree Financial Group’s investment portfolio, making the stock its 6th biggest holding. Embree Financial Group owned approximately 0.40% of Putnam Focused Large Cap Value ETF worth $27,658,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in 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 shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth about $94,000. CoreCap Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $123,000. Lantern Wealth Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $224,000. Finally, Strategic Blueprint LLC purchased a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $228,000.

Putnam Focused Large Cap Value ETF Price Performance

NYSEARCA:PVAL opened at $45.57 on Monday. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $49.13. The company’s 50-day simple moving average is $47.41 and its 200 day simple moving average is $45.24. The firm has a market capitalization of $7.48 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.