Aurdan Capital Management LLC Acquires 279,438 Shares of Putnam Focused Large Cap Value ETF $PVAL

Aurdan Capital Management LLC grew its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 496.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 335,752 shares of the company’s stock after acquiring an additional 279,438 shares during the quarter. Putnam Focused Large Cap Value ETF comprises 4.6% of Aurdan Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Aurdan Capital Management LLC owned about 0.29% of Putnam Focused Large Cap Value ETF worth $14,343,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rothschild Investment LLC purchased a new position in Putnam Focused Large Cap Value ETF in the second quarter valued at approximately $67,000. Franklin Resources Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $94,000. Ameritas Advisory Services LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter worth $121,000. CoreCap Advisors LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at $123,000. Finally, Rockbridge Investment Management LCC acquired a new position in Putnam Focused Large Cap Value ETF in the second quarter valued at $211,000.

Putnam Focused Large Cap Value ETF Trading Down 0.7%

PVAL stock opened at $48.09 on Friday. The company has a market capitalization of $7.89 billion, a P/E ratio of 17.86 and a beta of 0.88. The business has a 50 day simple moving average of $46.18 and a 200-day simple moving average of $43.63. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $48.77.

Putnam Focused Large Cap Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.