Sanctuary Advisors LLC Has $54.93 Million Holdings in Putnam Focused Large Cap Value ETF $PVAL

Sanctuary Advisors LLC raised its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 19.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,183,884 shares of the company’s stock after acquiring an additional 188,615 shares during the period. Sanctuary Advisors LLC owned approximately 0.58% of Putnam Focused Large Cap Value ETF worth $54,932,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Putnam Focused Large Cap Value ETF by 14.7% during the 1st quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after purchasing an additional 9,442 shares during the last quarter. Jane Street Group LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at $2,380,000. JPMorgan Chase & Co. increased its position in Putnam Focused Large Cap Value ETF by 124.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 27,867 shares of the company’s stock worth $1,121,000 after buying an additional 15,435 shares during the period. Franklin Resources Inc. bought a new position in Putnam Focused Large Cap Value ETF during the 2nd quarter worth $94,000. Finally, Brown Advisory Inc. increased its position in Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after buying an additional 300 shares during the period.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $51.73 on Wednesday. The firm has a 50-day moving average of $50.78 and a 200-day moving average of $48.59. The stock has a market cap of $12.38 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 52-week low of $39.71 and a 52-week high of $52.16.

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.