Oak Harbor Wealth Partners LLC Has $1.51 Million Holdings in Putnam Focused Large Cap Value ETF $PVAL

Oak Harbor Wealth Partners LLC grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 270.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,065 shares of the company’s stock after acquiring an additional 24,138 shares during the period. Oak Harbor Wealth Partners LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,507,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Prostatis Group LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $3,727,000. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $596,000. Cullen Frost Bankers Inc. grew its stake in Putnam Focused Large Cap Value ETF by 135.4% in the third quarter. Cullen Frost Bankers Inc. now owns 5,843,370 shares of the company’s stock valued at $249,629,000 after acquiring an additional 3,360,792 shares during the period. Glenmede Investment Management LP grew its stake in Putnam Focused Large Cap Value ETF by 15.8% in the third quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock valued at $247,224,000 after acquiring an additional 789,767 shares during the period. Finally, Auctus Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $43,589,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $49.31 on Friday. Putnam Focused Large Cap Value ETF has a 52 week low of $37.11 and a 52 week high of $49.63. The stock has a 50 day moving average price of $47.49 and a two-hundred day moving average price of $46.15. The stock has a market capitalization of $10.02 billion, a PE ratio of 17.86 and a beta of 0.85.

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.