RFG Advisory LLC Purchases 130,988 Shares of Putnam Focused Large Cap Value ETF $PVAL

RFG Advisory LLC grew its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 14.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,011,811 shares of the company’s stock after buying an additional 130,988 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for 0.8% of RFG Advisory LLC’s holdings, making the stock its 15th largest holding. RFG Advisory LLC owned about 0.40% of Putnam Focused Large Cap Value ETF worth $51,552,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 1st quarter valued at about $27,000. Parkside Financial Bank & Trust purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter valued at approximately $52,000. MCF Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter valued at approximately $53,000. Global Retirement Partners LLC bought a new position in Putnam Focused Large Cap Value ETF in the fourth quarter worth approximately $58,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at $62,000.

Putnam Focused Large Cap Value ETF Trading Down 0.4%

PVAL opened at $53.91 on Wednesday. The firm has a market cap of $13.60 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. The stock has a fifty day moving average price of $53.25 and a 200-day moving average price of $50.40. Putnam Focused Large Cap Value ETF has a 12 month low of $41.58 and a 12 month high of $54.70.

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.