Putnam Focused Large Cap Value ETF $PVAL is IVC Wealth Advisors LLC’s 3rd Largest Position

IVC Wealth Advisors LLC lifted its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 13.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 307,662 shares of the company’s stock after buying an additional 37,242 shares during the period. Putnam Focused Large Cap Value ETF comprises about 5.9% of IVC Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. IVC Wealth Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $13,143,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Rothschild Investment LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $67,000. Franklin Resources Inc. purchased a new position in Putnam Focused Large Cap Value ETF during the 2nd quarter worth $94,000. Ameritas Advisory Services LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth $121,000. Rockbridge Investment Management LCC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at about $211,000. Finally, JGP Wealth Management LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at about $228,000.

Putnam Focused Large Cap Value ETF Price Performance

PVAL opened at $45.47 on Friday. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.83 and a fifty-two week high of $45.86. The firm has a market capitalization of $5.18 billion, a P/E ratio of 17.86 and a beta of 0.88. The company’s 50-day moving average is $43.83 and its 200 day moving average is $42.02.

Putnam Focused Large Cap Value ETF Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th will be given a dividend of $0.1124 per share. The ex-dividend date of this dividend is Friday, December 19th.

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.