Sonoma Allocations LLC Acquires 26,121 Shares of Putnam Focused Large Cap Value ETF $PVAL

Sonoma Allocations LLC raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 100.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,168 shares of the company’s stock after purchasing an additional 26,121 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for approximately 1.0% of Sonoma Allocations LLC’s investment portfolio, making the stock its 23rd biggest position. Sonoma Allocations LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,678,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 1st quarter worth $27,000. Parkside Financial Bank & Trust acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $52,000. MCF Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $53,000. Global Retirement Partners LLC bought a new position in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $58,000. Finally, International Assets Investment Management LLC bought a new position in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $62,000.

Putnam Focused Large Cap Value ETF Trading Up 0.3%

Shares of NYSEARCA PVAL opened at $54.26 on Friday. The company has a market cap of $13.69 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 12 month low of $40.27 and a 12 month high of $54.47. The stock has a 50-day moving average price of $51.85 and a two-hundred day moving average price of $49.39.

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.