Sonoma Allocations LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 408.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,047 shares of the company’s stock after buying an additional 20,925 shares during the period. Sonoma Allocations LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Blue Trust Inc. acquired a new stake in Putnam Focused Large Cap Value ETF in the 1st quarter valued at approximately $27,000. Parkside Financial Bank & Trust acquired a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth $52,000. MCF Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth $53,000. Global Retirement Partners LLC acquired a new position in Putnam Focused Large Cap Value ETF during the 4th quarter worth $58,000. Finally, International Assets Investment Management LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth $62,000.
Putnam Focused Large Cap Value ETF Stock Performance
Shares of PVAL opened at $53.38 on Friday. The firm has a market capitalization of $13.30 billion, a price-to-earnings 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 $53.50. The stock’s fifty day moving average is $51.43 and its 200-day moving average is $49.11.
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.
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