Weil Company Inc. Grows Holdings in Putnam Focused Large Cap Value ETF $PVAL

Weil Company Inc. lifted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 358,446 shares of the company’s stock after buying an additional 30,975 shares during the quarter. Putnam Focused Large Cap Value ETF makes up about 3.8% of Weil Company Inc.’s investment portfolio, making the stock its 7th largest position. Weil Company Inc. owned about 0.24% of Putnam Focused Large Cap Value ETF worth $16,334,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PVAL. Brown Advisory Inc. increased its holdings in Putnam Focused Large Cap Value ETF by 2.4% in the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock valued at $507,000 after acquiring an additional 300 shares during the last quarter. Tempus Wealth Planning LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 0.6% during the 3rd quarter. Tempus Wealth Planning LLC now owns 65,336 shares of the company’s stock valued at $2,791,000 after purchasing an additional 406 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Putnam Focused Large Cap Value ETF by 1.5% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,959 shares of the company’s stock valued at $1,274,000 after purchasing an additional 413 shares in the last quarter. Cox Capital Mgt LLC increased its holdings in shares of Putnam Focused Large Cap Value ETF by 3.4% in the third quarter. Cox Capital Mgt LLC now owns 22,828 shares of the company’s stock worth $975,000 after purchasing an additional 749 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC increased its holdings in shares of Putnam Focused Large Cap Value ETF by 5.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 18,400 shares of the company’s stock worth $786,000 after purchasing an additional 871 shares during the last quarter.

Putnam Focused Large Cap Value ETF Trading Down 1.3%

NYSEARCA:PVAL opened at $45.57 on Friday. The business’s 50-day moving average is $47.41 and its 200 day moving average is $45.20. Putnam Focused Large Cap Value ETF has a 12 month low of $32.83 and a 12 month high of $49.13. The company has a market capitalization of $7.48 billion, a P/E ratio of 17.86 and a beta of 0.88.

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.