Quantinno Capital Management LP Boosts Holdings in Putnam Focused Large Cap Value ETF $PVAL

Quantinno Capital Management LP lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 70.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,777 shares of the company’s stock after buying an additional 9,445 shares during the period. Quantinno Capital Management LP’s holdings in Putnam Focused Large Cap Value ETF were worth $1,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in PVAL. Blue Trust Inc. purchased a new position in Putnam Focused Large Cap Value ETF in the first quarter worth approximately $27,000. Parkside Financial Bank & Trust acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at $52,000. MCF Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at $53,000. Global Retirement Partners LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth $58,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth about $62,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

Shares of PVAL opened at $54.58 on Friday. The firm has a market cap of $13.77 billion, a P/E ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 12-month low of $41.08 and a 12-month high of $54.63. The company’s 50-day moving average price is $52.21 and its 200 day moving average price is $49.67.

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.