Centaurus Financial Inc. Buys Shares of 220,389 Putnam Focused Large Cap Value ETF $PVAL

Centaurus Financial Inc. bought a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 220,389 shares of the company’s stock, valued at approximately $10,226,000.

Several other large investors have also modified their holdings of PVAL. Arete Wealth Advisors LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 13.3% during the first quarter. Arete Wealth Advisors LLC now owns 701,242 shares of the company’s stock worth $32,538,000 after purchasing an additional 82,437 shares during the period. Quantinno Capital Management LP increased its stake in Putnam Focused Large Cap Value ETF by 70.8% in the 1st quarter. Quantinno Capital Management LP now owns 22,777 shares of the company’s stock valued at $1,057,000 after buying an additional 9,445 shares during the period. Everest Financial Group LLC increased its stake in Putnam Focused Large Cap Value ETF by 788.3% in the 1st quarter. Everest Financial Group LLC now owns 55,988 shares of the company’s stock valued at $2,598,000 after buying an additional 49,685 shares during the period. Waverly Advisors LLC raised its position in Putnam Focused Large Cap Value ETF by 28.4% during the 1st quarter. Waverly Advisors LLC now owns 50,944 shares of the company’s stock worth $2,364,000 after buying an additional 11,270 shares during the last quarter. Finally, Wealth Alliance LLC purchased a new position in Putnam Focused Large Cap Value ETF during the 1st quarter worth $385,000.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL stock opened at $52.48 on Thursday. Putnam Focused Large Cap Value ETF has a one year low of $39.71 and a one year high of $53.19. The company has a fifty day moving average of $51.36 and a 200-day moving average of $49.07. The stock has a market capitalization of $13.07 billion, a PE ratio of 17.86 and a beta of 0.84.

Putnam Focused Large Cap Value ETF Company 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.