17,730 Shares in Putnam Focused Large Cap Value ETF $PVAL Purchased by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,730 shares of the company’s stock, valued at approximately $823,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 1st quarter valued at about $27,000. Parkside Financial Bank & Trust purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $52,000. MCF Advisors LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $53,000. Global Retirement Partners LLC bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at approximately $58,000. Finally, International Assets Investment Management LLC bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at approximately $62,000.

Putnam Focused Large Cap Value ETF Price Performance

PVAL stock opened at $50.95 on Wednesday. Putnam Focused Large Cap Value ETF has a one year low of $39.71 and a one year high of $52.13. The stock has a market cap of $10.36 billion, a PE ratio of 17.86 and a beta of 0.84. The firm has a 50 day simple moving average of $50.23 and a two-hundred day simple moving average of $48.17.

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.