Quantinno Capital Management LP Increases Position in Putnam Focused Large Cap Value ETF $PVAL

Quantinno Capital Management LP grew its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 70.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,777 shares of the company’s stock after purchasing an additional 9,445 shares during the period. Quantinno Capital Management LP’s holdings in Putnam Focused Large Cap Value ETF were worth $1,057,000 as of its most recent SEC filing.

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

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA:PVAL opened at $54.58 on Friday. The firm has a market capitalization of $13.77 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 $41.08 and a 1 year high of $54.63. The firm’s 50-day moving average is $52.21 and its two-hundred day moving average is $49.67.

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.