Putnam Focused Large Cap Value ETF $PVAL Stock Position Lifted by Sowa Financial Group Inc.

Sowa Financial Group Inc. lifted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 548,273 shares of the company’s stock after purchasing an additional 28,736 shares during the period. Putnam Focused Large Cap Value ETF accounts for about 13.1% of Sowa Financial Group Inc.’s investment portfolio, making the stock its 4th biggest holding. Sowa Financial Group Inc. owned about 0.50% of Putnam Focused Large Cap Value ETF worth $23,422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. IVC Wealth Advisors LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 13.8% during the third quarter. IVC Wealth Advisors LLC now owns 307,662 shares of the company’s stock valued at $13,143,000 after buying an additional 37,242 shares during the period. U.S. Capital Wealth Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at approximately $2,309,000. Redhawk Wealth Advisors Inc. boosted its position in Putnam Focused Large Cap Value ETF by 1.0% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 282,906 shares of the company’s stock valued at $12,086,000 after acquiring an additional 2,839 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 6.9% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 31,365 shares of the company’s stock worth $1,340,000 after acquiring an additional 2,012 shares during the period. Finally, Embree Financial Group grew its holdings in shares of Putnam Focused Large Cap Value ETF by 21.9% during the 3rd quarter. Embree Financial Group now owns 337,583 shares of the company’s stock worth $14,422,000 after acquiring an additional 60,581 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.4%

PVAL opened at $45.47 on Friday. Putnam Focused Large Cap Value ETF has a 52 week low of $32.83 and a 52 week high of $45.86. The stock has a market cap of $5.18 billion, a PE ratio of 17.86 and a beta of 0.88. The business has a 50 day moving average of $43.83 and a 200-day moving average of $42.02.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th will be given a dividend of $0.1124 per share. The ex-dividend date of this dividend is Friday, December 19th.

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.