Robinson Smith Wealth Advisors LLC Buys 10,312 Shares of Putnam Focused Large Cap Value ETF $PVAL

Robinson Smith Wealth Advisors LLC increased its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 5.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 207,660 shares of the company’s stock after acquiring an additional 10,312 shares during the period. Putnam Focused Large Cap Value ETF accounts for approximately 6.7% of Robinson Smith Wealth Advisors LLC’s holdings, making the stock its 2nd largest holding. Robinson Smith Wealth Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $10,927,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Brookstone Capital Management raised its holdings in Putnam Focused Large Cap Value ETF by 49.2% during the 3rd quarter. Brookstone Capital Management now owns 219,278 shares of the company’s stock valued at $11,538,000 after buying an additional 72,355 shares during the period. SeaCrest Wealth Management LLC lifted its position in Putnam Focused Large Cap Value ETF by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 124,530 shares of the company’s stock worth $6,553,000 after buying an additional 7,434 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in Putnam Focused Large Cap Value ETF by 9.5% in the third quarter. Axxcess Wealth Management LLC now owns 47,917 shares of the company’s stock worth $2,521,000 after buying an additional 4,141 shares during the last quarter. Wavvest Wealth LLC bought a new stake in Putnam Focused Large Cap Value ETF in the third quarter worth $4,131,000. Finally, Arvest Investments Inc. bought a new stake in Putnam Focused Large Cap Value ETF in the third quarter worth $57,000.

Putnam Focused Large Cap Value ETF Stock Down 0.1%

NYSEARCA PVAL opened at $54.20 on Friday. The company has a fifty day moving average of $53.80 and a two-hundred day moving average of $51.89. The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 52 week low of $42.76 and a 52 week high of $54.70.

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.