Putnam Focused Large Cap Value ETF $PVAL Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC lessened its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 60.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 19,089 shares of the company’s stock after selling 28,700 shares during the period. WESPAC Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,004,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the stock. Verdence Capital Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF by 4.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 17,173 shares of the company’s stock valued at $904,000 after purchasing an additional 679 shares in the last quarter. FSA Wealth Partners Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 22.7% during the 3rd quarter. FSA Wealth Partners Inc. now owns 59,291 shares of the company’s stock worth $3,120,000 after purchasing an additional 10,986 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 325.4% during the third quarter. Flagship Harbor Advisors LLC now owns 46,818 shares of the company’s stock valued at $2,464,000 after acquiring an additional 35,812 shares during the last quarter. Sigma Planning Corp purchased a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $7,613,000. Finally, Trademark Financial Management LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 5.2% in the 3rd quarter. Trademark Financial Management LLC now owns 288,698 shares of the company’s stock valued at $15,191,000 after buying an additional 14,299 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA:PVAL opened at $54.17 on Tuesday. Putnam Focused Large Cap Value ETF has a 1 year low of $42.76 and a 1 year high of $54.70. The firm’s 50-day moving average is $53.80 and its two-hundred day moving average is $50.48. The firm has a market capitalization of $15.13 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.