New England Private Wealth Advisors LLC Increases Stake in Putnam Focused Large Cap Value ETF $PVAL

New England Private Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,765 shares of the company’s stock after purchasing an additional 13,331 shares during the period. New England Private Wealth Advisors LLC owned about 0.08% of Putnam Focused Large Cap Value ETF worth $6,278,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PVAL. MCF Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $53,000. Global Retirement Partners LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $58,000. International Assets Investment Management LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth approximately $62,000. Fifth Third Bancorp bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $63,000. Finally, Franklin Resources Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $94,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of PVAL stock opened at $51.37 on Friday. The firm has a market cap of $10.44 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a fifty-two week low of $38.93 and a fifty-two week high of $51.52. The business’s 50 day moving average price is $49.39 and its 200-day moving average price is $47.57.

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.