Stratos Investment Management LLC Buys Shares of 176,821 Putnam Focused Large Cap Value ETF $PVAL

Stratos Investment Management LLC bought a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 4th quarter, Holdings Channel.com reports. The fund bought 176,821 shares of the company’s stock, valued at approximately $8,058,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Coign Capital Advisors LLC lifted its stake in shares of Putnam Focused Large Cap Value ETF by 3.5% in the 4th quarter. Coign Capital Advisors LLC now owns 282,169 shares of the company’s stock worth $12,858,000 after purchasing an additional 9,441 shares during the period. AdvisorNet Financial Inc raised its position in Putnam Focused Large Cap Value ETF by 7.7% in the fourth quarter. AdvisorNet Financial Inc now owns 528,175 shares of the company’s stock worth $24,069,000 after acquiring an additional 37,639 shares during the period. Midwest Financial Group LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $6,849,000. StoneCrest Wealth Management Inc. boosted its stake in shares of Putnam Focused Large Cap Value ETF by 9.5% during the 4th quarter. StoneCrest Wealth Management Inc. now owns 203,474 shares of the company’s stock worth $9,272,000 after acquiring an additional 17,700 shares during the last quarter. Finally, Aspire Capital Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at $596,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $46.63 on Friday. The stock has a market cap of $8.84 billion, a P/E ratio of 17.86 and a beta of 0.88. The stock’s fifty day moving average is $47.37 and its 200 day moving average is $45.34. Putnam Focused Large Cap Value ETF has a one year low of $32.83 and a one year high of $49.13.

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.