Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Stock Short Interest Report for September

Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 351,464 shares, a decline of 55.1% from the September 15th total of 782,685 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,644,451 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Putnam Focused Large Cap Value ETF

Several large investors have recently bought and sold shares of the stock. Essex Financial Services Inc. raised its stake in Putnam Focused Large Cap Value ETF by 22.2% in the first quarter. Essex Financial Services Inc. now owns 141,768 shares of the company’s stock valued at $6,578,000 after buying an additional 25,732 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Putnam Focused Large Cap Value ETF by 509.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 551,609 shares of the company’s stock worth $25,137,000 after buying an additional 461,155 shares during the last quarter. Faithward Advisors LLC purchased a new stake in Putnam Focused Large Cap Value ETF during the 4th quarter worth about $3,086,000. Key Client Fiduciary Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 19.6% during the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 247,817 shares of the company’s stock worth $12,626,000 after buying an additional 40,683 shares during the last quarter. Finally, Capital Analysts LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 9.2% during the 2nd quarter. Capital Analysts LLC now owns 1,190,333 shares of the company’s stock worth $60,647,000 after acquiring an additional 99,997 shares in the last quarter.

Putnam Focused Large Cap Value ETF Trading Down 0.3%

PVAL traded down $0.16 on Wednesday, hitting $53.95. The company had a trading volume of 2,371,910 shares, compared to its average volume of 1,636,921. The company’s fifty day moving average price is $53.83 and its 200 day moving average price is $51.56. Putnam Focused Large Cap Value ETF has a 1 year low of $42.14 and a 1 year high of $54.70. The firm has a market cap of $14.83 billion, a P/E ratio of 17.86 and a beta of 0.84.

Putnam Focused Large Cap Value ETF Company 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.