Sanctuary Advisors LLC Acquires 188,615 Shares of Putnam Focused Large Cap Value ETF $PVAL

Sanctuary Advisors LLC increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 19.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,183,884 shares of the company’s stock after buying an additional 188,615 shares during the period. Sanctuary Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $54,932,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in PVAL. Essex Financial Services Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 22.2% in the first quarter. Essex Financial Services Inc. now owns 141,768 shares of the company’s stock worth $6,578,000 after purchasing an additional 25,732 shares during the period. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $596,000. Diversify Advisory Services LLC increased its holdings in Putnam Focused Large Cap Value ETF by 40.4% in the 4th quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock valued at $7,990,000 after buying an additional 48,948 shares during the period. Sowa Financial Group Inc. raised its position in shares of Putnam Focused Large Cap Value ETF by 4.1% in the 4th quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock valued at $26,021,000 after buying an additional 22,742 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,013,832 shares of the company’s stock worth $47,457,000 after acquiring an additional 18,241 shares during the period.

Putnam Focused Large Cap Value ETF Trading Down 0.3%

NYSEARCA PVAL opened at $51.73 on Wednesday. The firm’s 50 day simple moving average is $50.78 and its 200 day simple moving average is $48.59. The firm has a market capitalization of $12.38 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1 year low of $39.71 and a 1 year high of $52.16.

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.