10,411 Shares of Putnam Focused Large Cap Value ETF $PVAL Bought by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,411 shares of the company’s stock, valued at approximately $548,000.

Other hedge funds have also bought and sold shares of the company. Capital Analysts LLC grew 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 valued at $60,647,000 after acquiring an additional 99,997 shares during the period. Key Client Fiduciary Advisors LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 19.6% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 247,817 shares of the company’s stock worth $12,626,000 after purchasing an additional 40,683 shares during the period. Quantinno Capital Management LP raised its holdings in shares of Putnam Focused Large Cap Value ETF by 70.8% in the 1st quarter. Quantinno Capital Management LP now owns 22,777 shares of the company’s stock worth $1,057,000 after purchasing an additional 9,445 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 19.0% in the 1st quarter. Sanctuary Advisors LLC now owns 1,183,884 shares of the company’s stock worth $54,932,000 after purchasing an additional 188,615 shares during the period. Finally, Bleakley Financial Group LLC lifted its stake in Putnam Focused Large Cap Value ETF by 32.2% in the first quarter. Bleakley Financial Group LLC now owns 1,029,520 shares of the company’s stock valued at $47,770,000 after purchasing an additional 250,484 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL opened at $54.62 on Tuesday. Putnam Focused Large Cap Value ETF has a one year low of $42.76 and a one year high of $55.20. The business’s fifty day moving average price is $53.82 and its 200-day moving average price is $50.72. The stock has a market capitalization of $15.38 billion, a PE 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.