Sigma Planning Corp Has $5.42 Million Holdings in Putnam Focused Large Cap Value ETF $PVAL

Sigma Planning Corp increased its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 50.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 116,764 shares of the company’s stock after purchasing an additional 39,360 shares during the quarter. Sigma Planning Corp’s holdings in Putnam Focused Large Cap Value ETF were worth $5,418,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Bleakley Financial Group LLC increased its position in Putnam Focused Large Cap Value ETF by 32.2% in the 1st quarter. Bleakley Financial Group LLC now owns 1,029,520 shares of the company’s stock valued at $47,770,000 after buying an additional 250,484 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Putnam Focused Large Cap Value ETF by 44.4% in the first quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares in the last quarter. Diversify Wealth Management LLC bought a new position in Putnam Focused Large Cap Value ETF in the first quarter worth approximately $8,910,000. Valmark Advisers Inc. grew its stake in Putnam Focused Large Cap Value ETF by 173.5% in the first quarter. Valmark Advisers Inc. now owns 288,428 shares of the company’s stock valued at $13,383,000 after acquiring an additional 182,954 shares during the period. Finally, Castle Wealth Management LLC grew its stake in Putnam Focused Large Cap Value ETF by 3.6% in the first quarter. Castle Wealth Management LLC now owns 222,590 shares of the company’s stock valued at $10,328,000 after acquiring an additional 7,660 shares during the period.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

Shares of PVAL stock opened at $51.86 on Thursday. The firm has a market capitalization of $12.41 billion, a PE ratio of 17.86 and a beta of 0.84. The firm has a fifty day simple moving average of $50.83 and a two-hundred day simple moving average of $48.63. Putnam Focused Large Cap Value ETF has a 12 month low of $39.71 and a 12 month high of $52.16.

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.