Stephens Inc. AR Purchases 19,127 Shares of Putnam Focused Large Cap Value ETF $PVAL

Stephens Inc. AR grew its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 27.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,617 shares of the company’s stock after purchasing an additional 19,127 shares during the period. Stephens Inc. AR’s holdings in Putnam Focused Large Cap Value ETF were worth $3,993,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 7.3% in the fourth quarter. Allworth Financial LP now owns 3,199 shares of the company’s stock valued at $146,000 after purchasing an additional 219 shares in the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.7% in the fourth quarter. Verdence Capital Advisors LLC now owns 9,471 shares of the company’s stock valued at $432,000 after purchasing an additional 249 shares in the last quarter. Brown Advisory Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.4% in the second quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock valued at $507,000 after purchasing an additional 300 shares in the last quarter. Tempus Wealth Planning LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 0.6% in 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 in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 1.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,959 shares of the company’s stock valued at $1,274,000 after purchasing an additional 413 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $49.85 on Monday. The firm has a market cap of $10.13 billion, a price-to-earnings ratio of 17.86 and a beta of 0.85. The stock’s 50-day moving average is $47.72 and its 200-day moving average is $46.60. Putnam Focused Large Cap Value ETF has a one year low of $37.56 and a one year high of $50.36.

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.