Putnam Focused Large Cap Value ETF $PVAL Stock: Oak Barrel Wealth Advisory LLC Increases Holdings

Oak Barrel Wealth Advisory LLC grew its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 3.9% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,499,400 shares of the company’s stock after buying an additional 56,488 shares during the period. Putnam Focused Large Cap Value ETF makes up 34.0% of Oak Barrel Wealth Advisory LLC’s investment portfolio, making the stock its biggest holding. Oak Barrel Wealth Advisory LLC owned about 0.53% of Putnam Focused Large Cap Value ETF worth $78,898,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Processus Wealth & Capital Management LLC boosted its holdings in Putnam Focused Large Cap Value ETF by 2.3% during the third quarter. Processus Wealth & Capital Management LLC now owns 14,824 shares of the company’s stock valued at $780,000 after purchasing an additional 338 shares in the last quarter. Marin Bay Wealth Advisors LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 4.1% during the third quarter. Marin Bay Wealth Advisors LLC now owns 8,819 shares of the company’s stock worth $464,000 after purchasing an additional 345 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 6.4% during the second quarter. NewEdge Advisors LLC now owns 8,205 shares of the company’s stock valued at $418,000 after purchasing an additional 494 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 44.4% during the first quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock valued at $91,000 after purchasing an additional 600 shares during the last quarter. Finally, Next Level Wealth Planning LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $34,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $54.88 on Wednesday. The firm has a market cap of $15.67 billion, a P/E ratio of 17.86 and a beta of 0.83. The firm has a 50 day simple moving average of $53.86 and a 200 day simple moving average of $50.95. Putnam Focused Large Cap Value ETF has a fifty-two week low of $42.76 and a fifty-two week high of $55.91.

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.