Putnam Focused Large Cap Value ETF $PVAL Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc grew its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 16.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 725,630 shares of the company’s stock after purchasing an additional 100,458 shares during the period. Putnam Focused Large Cap Value ETF makes up approximately 1.8% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 8th largest holding. AdvisorNet Financial Inc’s holdings in Putnam Focused Large Cap Value ETF were worth $39,148,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of PVAL. Blue Trust Inc. acquired a new stake in Putnam Focused Large Cap Value ETF in the first quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Putnam Focused Large Cap Value ETF by 113.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,406 shares of the company’s stock valued at $72,000 after buying an additional 748 shares in the last quarter. Signature Equity Partners LLC bought a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at about $75,000. Community Bank N.A. bought a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at about $79,000. Finally, International Assets Investment Management LLC grew its position in Putnam Focused Large Cap Value ETF by 44.4% in the 1st quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock valued at $91,000 after buying an additional 600 shares in the last quarter.

Putnam Focused Large Cap Value ETF Trading Up 0.4%

Putnam Focused Large Cap Value ETF stock opened at $54.17 on Friday. The stock has a market cap of $14.89 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. The company’s 50-day moving average price is $53.83 and its two-hundred day moving average price is $51.62. Putnam Focused Large Cap Value ETF has a 52 week low of $42.14 and a 52 week high of $54.70.

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.