Wealthcare Advisory Partners LLC Purchases 28,115 Shares of Putnam Focused Large Cap Value ETF $PVAL

Wealthcare Advisory Partners LLC grew its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 92.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,677 shares of the company’s stock after acquiring an additional 28,115 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,990,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. acquired a new position in Putnam Focused Large Cap Value ETF during the first quarter valued at approximately $27,000. Parkside Financial Bank & Trust acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth $52,000. MCF Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth $53,000. Global Retirement Partners LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $58,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $62,000.

Putnam Focused Large Cap Value ETF Trading Down 0.1%

NYSEARCA:PVAL opened at $54.40 on Thursday. The firm has a market capitalization of $13.73 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1 year low of $40.89 and a 1 year high of $54.63. The firm’s fifty day simple moving average is $52.07 and its 200 day simple moving average is $49.58.

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.