Putnam Focused Large Cap Value ETF $PVAL Shares Purchased by Kelleher Financial Advisors

Kelleher Financial Advisors increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 8.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 230,332 shares of the company’s stock after purchasing an additional 18,282 shares during the period. Putnam Focused Large Cap Value ETF makes up about 3.2% of Kelleher Financial Advisors’ investment portfolio, making the stock its 7th largest position. Kelleher Financial Advisors owned about 0.08% of Putnam Focused Large Cap Value ETF worth $12,120,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in shares of Putnam Focused Large Cap Value ETF by 48.4% in the 1st quarter. Bank of America Corp DE now owns 35,914,629 shares of the company’s stock worth $1,666,439,000 after buying an additional 11,707,304 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Putnam Focused Large Cap Value ETF by 21.6% in the 1st quarter. Cetera Investment Advisers now owns 8,337,155 shares of the company’s stock worth $386,844,000 after buying an additional 1,483,240 shares during the last quarter. Bouchey Financial Group Ltd. purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter valued at about $39,360,000. Envestnet Asset Management Inc. raised its position in shares of Putnam Focused Large Cap Value ETF by 16.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,400,725 shares of the company’s stock valued at $275,167,000 after buying an additional 762,099 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 11.4% in the 1st quarter. Glenmede Trust Co. NA now owns 7,154,285 shares of the company’s stock valued at $331,959,000 after acquiring an additional 734,798 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL stock opened at $55.64 on Thursday. Putnam Focused Large Cap Value ETF has a 1 year low of $42.76 and a 1 year high of $55.71. The stock’s 50 day simple moving average is $53.85 and its two-hundred day simple moving average is $50.80. The company has a market cap of $15.77 billion, a PE ratio of 17.86 and a beta of 0.83.

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.