Elyxium Wealth LLC Has $969,000 Stock Position in Putnam Focused Large Cap Value ETF $PVAL

Elyxium Wealth LLC increased its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 198.7% during the third quarter, Holdings Channel reports. The fund owned 22,682 shares of the company’s stock after acquiring an additional 15,088 shares during the quarter. Elyxium Wealth LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $969,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brown Advisory Inc. grew its position in Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after purchasing an additional 300 shares in the last quarter. Cox Capital Mgt LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 3.4% in the third quarter. Cox Capital Mgt LLC now owns 22,828 shares of the company’s stock valued at $975,000 after purchasing an additional 749 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its position in shares of Putnam Focused Large Cap Value ETF by 5.0% in the third quarter. Cyndeo Wealth Partners LLC now owns 18,400 shares of the company’s stock worth $786,000 after buying an additional 871 shares during the period. ERn Financial LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 0.8% during the third quarter. ERn Financial LLC now owns 131,875 shares of the company’s stock valued at $5,634,000 after buying an additional 987 shares in the last quarter. Finally, Castle Wealth Management LLC raised its position in Putnam Focused Large Cap Value ETF by 0.5% during the third quarter. Castle Wealth Management LLC now owns 210,229 shares of the company’s stock valued at $8,981,000 after buying an additional 1,058 shares during the period.

Putnam Focused Large Cap Value ETF Trading Up 1.8%

Shares of Putnam Focused Large Cap Value ETF stock opened at $48.96 on Friday. The company has a market cap of $8.04 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $49.02. The stock has a 50-day moving average price of $46.27 and a 200 day moving average price of $43.69.

Putnam Focused Large Cap Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.