Cetera Investment Advisers increased its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 21.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,337,155 shares of the company’s stock after purchasing an additional 1,483,240 shares during the period. Cetera Investment Advisers owned 4.10% of Putnam Focused Large Cap Value ETF worth $386,844,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the first quarter worth about $27,000. Parkside Financial Bank & Trust acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $52,000. MCF Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $53,000. Global Retirement Partners LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $58,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at about $62,000.
Putnam Focused Large Cap Value ETF Stock Performance
Putnam Focused Large Cap Value ETF stock opened at $52.46 on Thursday. The firm has a market capitalization of $12.93 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a one year low of $39.71 and a one year high of $52.52. The stock’s 50 day moving average price is $51.09 and its 200 day moving average price is $48.85.
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.
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