Putnam Focused Large Cap Value ETF $PVAL Shares Bought by Secure Asset Management LLC

Secure Asset Management LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 15.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 143,316 shares of the company’s stock after purchasing an additional 18,728 shares during the period. Putnam Focused Large Cap Value ETF makes up about 0.9% of Secure Asset Management LLC’s holdings, making the stock its 28th biggest position. Secure Asset Management LLC owned approximately 0.05% of Putnam Focused Large Cap Value ETF worth $7,541,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Essex Financial Services Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 22.2% in the 1st 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 during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Putnam Focused Large Cap Value ETF by 509.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 551,609 shares of the company’s stock valued at $25,137,000 after buying an additional 461,155 shares in the last quarter. Key Client Fiduciary Advisors LLC grew its holdings in Putnam Focused Large Cap Value ETF by 19.6% during the second quarter. Key Client Fiduciary Advisors LLC now owns 247,817 shares of the company’s stock worth $12,626,000 after acquiring an additional 40,683 shares during the period. Capital Analysts LLC grew its holdings in Putnam Focused Large Cap Value ETF by 9.2% during the second 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 during the period. Finally, First United Bank & Trust acquired a new position in Putnam Focused Large Cap Value ETF during the first quarter worth $1,197,000.

Putnam Focused Large Cap Value ETF Stock Performance

NYSEARCA:PVAL opened at $53.84 on Tuesday. The stock has a fifty day moving average price of $53.81 and a two-hundred day moving average price of $51.73. The stock has a market capitalization of $14.87 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 1 year low of $42.71 and a 1 year high of $54.70.

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.