Weil Company Inc. Buys 38,165 Shares of Putnam Focused Large Cap Value ETF $PVAL

Weil Company Inc. increased its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 13.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 327,471 shares of the company’s stock after buying an additional 38,165 shares during the quarter. Putnam Focused Large Cap Value ETF makes up 3.4% of Weil Company Inc.’s holdings, making the stock its 8th biggest position. Weil Company Inc. owned about 0.29% of Putnam Focused Large Cap Value ETF worth $13,990,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its position in Putnam Focused Large Cap Value ETF by 19.6% during the second quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock worth $409,658,000 after acquiring an additional 1,669,903 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of Putnam Focused Large Cap Value ETF by 135.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 5,843,370 shares of the company’s stock worth $249,629,000 after purchasing an additional 3,360,792 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 12.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,889,690 shares of the company’s stock valued at $208,888,000 after purchasing an additional 533,046 shares during the period. Envestnet Asset Management Inc. lifted its stake in Putnam Focused Large Cap Value ETF by 266.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,916,963 shares of the company’s stock valued at $167,333,000 after purchasing an additional 2,847,566 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Putnam Focused Large Cap Value ETF by 106.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock valued at $143,456,000 after purchasing an additional 1,841,717 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.5%

Shares of NYSEARCA PVAL opened at $48.34 on Friday. The business’s 50 day moving average price is $46.67 and its two-hundred day moving average price is $43.97. The company has a market cap of $7.93 billion, a PE ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $49.13.

Putnam Focused Large Cap Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.