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

Sentinel Pension Advisors LLC lessened its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 56.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,729 shares of the company’s stock after selling 17,910 shares during the period. Sentinel Pension Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $586,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of Putnam Focused Large Cap Value ETF by 19.6% during the 2nd quarter. Bank of America Corp DE now owns 10,182,895 shares of the company’s stock worth $409,658,000 after purchasing an additional 1,669,903 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Putnam Focused Large Cap Value ETF by 16.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 4,356,644 shares of the company’s stock valued at $175,268,000 after buying an additional 605,693 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Putnam Focused Large Cap Value ETF by 106.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,565,904 shares of the company’s stock worth $143,456,000 after buying an additional 1,841,717 shares in the last quarter. Cetera Investment Advisers increased its position in Putnam Focused Large Cap Value ETF by 27.1% during the second quarter. Cetera Investment Advisers now owns 3,552,531 shares of the company’s stock worth $142,918,000 after buying an additional 758,283 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 17.4% in the third quarter. CWM LLC now owns 3,054,488 shares of the company’s stock worth $130,488,000 after acquiring an additional 453,406 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 0.7%

Shares of NYSEARCA:PVAL opened at $45.57 on Friday. The company has a market capitalization of $5.19 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 52-week low of $32.83 and a 52-week high of $46.21. The stock’s fifty day simple moving average is $44.42 and its 200-day simple moving average is $42.45.

Putnam Focused Large Cap Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a $0.1124 dividend. The ex-dividend date was Friday, December 19th.

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.