Putnam Focused Large Cap Value ETF $PVAL is Key Client Fiduciary Advisors LLC’s 5th Largest Position

Key Client Fiduciary Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 19.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 247,817 shares of the company’s stock after acquiring an additional 40,683 shares during the period. Putnam Focused Large Cap Value ETF makes up 3.6% of Key Client Fiduciary Advisors LLC’s portfolio, making the stock its 5th biggest position. Key Client Fiduciary Advisors LLC owned about 0.11% of Putnam Focused Large Cap Value ETF worth $12,626,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PVAL. Essex Financial Services Inc. raised its position in 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 valued at $6,578,000 after purchasing an additional 25,732 shares during the period. Sowa Financial Group Inc. lifted its stake in shares of Putnam Focused Large Cap Value ETF by 4.1% during the fourth quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock worth $26,021,000 after purchasing an additional 22,742 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 209.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 167,421 shares of the company’s stock worth $7,629,000 after buying an additional 113,361 shares during the period. Trademark Financial Management LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 38.7% in the fourth quarter. Trademark Financial Management LLC now owns 199,606 shares of the company’s stock worth $9,096,000 after buying an additional 55,677 shares during the period. Finally, Valmark Advisers Inc. grew its stake in shares of Putnam Focused Large Cap Value ETF by 363.8% in the fourth quarter. Valmark Advisers Inc. now owns 105,474 shares of the company’s stock valued at $4,806,000 after buying an additional 82,732 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of NYSEARCA:PVAL opened at $54.26 on Monday. The company has a market cap of $13.69 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a one year low of $40.27 and a one year high of $54.47. The business’s 50-day simple moving average is $51.85 and its 200 day simple moving average is $49.41.

About Putnam Focused Large Cap Value ETF

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.