Putnam Focused Large Cap Value ETF $PVAL Position Increased by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 16.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 206,505 shares of the company’s stock after purchasing an additional 29,022 shares during the period. Putnam Focused Large Cap Value ETF comprises approximately 4.4% of Green Ridge Wealth Planning LLC’s portfolio, making the stock its 7th biggest holding. Green Ridge Wealth Planning LLC owned 0.09% of Putnam Focused Large Cap Value ETF worth $10,521,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Dynamic Advisor Solutions LLC raised its stake in shares of Putnam Focused Large Cap Value ETF by 7.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 49,994 shares of the company’s stock worth $2,547,000 after buying an additional 3,507 shares during the last quarter. GK Wealth Management LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at about $1,056,000. RDA Financial Network grew its stake in Putnam Focused Large Cap Value ETF by 8.5% in the 2nd quarter. RDA Financial Network now owns 107,851 shares of the company’s stock valued at $5,495,000 after acquiring an additional 8,419 shares during the last quarter. Dogwood Wealth Management LLC increased its holdings in Putnam Focused Large Cap Value ETF by 8.3% during the 2nd quarter. Dogwood Wealth Management LLC now owns 426,694 shares of the company’s stock valued at $21,740,000 after acquiring an additional 32,618 shares in the last quarter. Finally, Cedar Mountain Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at about $722,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

Shares of PVAL opened at $54.26 on Friday. Putnam Focused Large Cap Value ETF has a 12-month low of $40.27 and a 12-month high of $54.47. The stock has a market cap of $13.69 billion, a P/E ratio of 17.86 and a beta of 0.84. The company has a 50-day moving average of $51.85 and a two-hundred day moving average of $49.39.

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.