Putnam Focused Large Cap Value ETF $PVAL Stock Purchased by Oak Barrel Wealth Advisory LLC

Oak Barrel Wealth Advisory LLC raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,499,400 shares of the company’s stock after acquiring an additional 56,488 shares during the quarter. Putnam Focused Large Cap Value ETF comprises 34.0% of Oak Barrel Wealth Advisory LLC’s portfolio, making the stock its largest position. Oak Barrel Wealth Advisory LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $78,898,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PVAL. Flynn Zito Capital Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at $1,023,000. Midwest Capital Advisors LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 289.7% in the 3rd quarter. Midwest Capital Advisors LLC now owns 804,868 shares of the company’s stock worth $42,352,000 after purchasing an additional 598,344 shares during the last quarter. StoneX Group Inc. bought a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth $826,000. Commonwealth Equity Services LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth $448,572,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth $761,000.

Putnam Focused Large Cap Value ETF Trading Down 0.3%

Shares of PVAL opened at $54.88 on Wednesday. Putnam Focused Large Cap Value ETF has a 1 year low of $42.76 and a 1 year high of $55.91. The stock has a market cap of $15.67 billion, a P/E ratio of 17.86 and a beta of 0.83. The stock’s 50-day moving average price is $53.86 and its two-hundred day moving average price is $50.95.

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.