Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Stock Short Interest Report for September

Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 351,464 shares, a decline of 55.1% from the September 15th total of 782,685 shares. Based on an average trading volume of 1,644,451 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Putnam Focused Large Cap Value ETF Trading Up 0.4%

Shares of NYSEARCA:PVAL traded up $0.22 during trading on Thursday, hitting $54.17. 2,237,874 shares of the company’s stock traded hands, compared to its average volume of 1,639,953. Putnam Focused Large Cap Value ETF has a 52 week low of $42.14 and a 52 week high of $54.70. The company has a market cap of $14.89 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. The company has a 50-day moving average price of $53.83 and a 200-day moving average price of $51.62.

Institutional Trading of Putnam Focused Large Cap Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of PVAL. AdvisorNet Financial Inc raised its position in Putnam Focused Large Cap Value ETF by 16.1% during the third quarter. AdvisorNet Financial Inc now owns 725,630 shares of the company’s stock valued at $39,148,000 after purchasing an additional 100,458 shares in the last quarter. Harbor Group Inc. lifted its stake in Putnam Focused Large Cap Value ETF by 2.0% during the third quarter. Harbor Group Inc. now owns 894,128 shares of the company’s stock worth $47,049,000 after purchasing an additional 17,790 shares during the last quarter. Weil Company Inc. boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 3.8% in the 3rd quarter. Weil Company Inc. now owns 258,040 shares of the company’s stock valued at $13,578,000 after purchasing an additional 9,476 shares in the last quarter. Tempus Wealth Planning LLC boosted its holdings in shares of Putnam Focused Large Cap Value ETF by 7.1% in the 3rd quarter. Tempus Wealth Planning LLC now owns 99,606 shares of the company’s stock valued at $5,241,000 after purchasing an additional 6,640 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Putnam Focused Large Cap Value ETF by 83.1% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,574 shares of the company’s stock valued at $135,000 after purchasing an additional 1,168 shares during the last quarter.

About Putnam Focused Large Cap Value ETF

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.