RFG Advisory LLC Purchases 107,339 Shares of Putnam Focused Large Cap Value ETF $PVAL

RFG Advisory LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 38.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 388,065 shares of the company’s stock after purchasing an additional 107,339 shares during the quarter. RFG Advisory LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $16,578,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Putnam Focused Large Cap Value ETF by 14.7% in the first quarter. Royal Bank of Canada now owns 73,471 shares of the company’s stock worth $2,798,000 after purchasing an additional 9,442 shares in the last quarter. Jane Street Group LLC purchased a new position in Putnam Focused Large Cap Value ETF in the 1st quarter valued at approximately $2,380,000. CWM LLC grew its stake in Putnam Focused Large Cap Value ETF by 40.5% in the 2nd quarter. CWM LLC now owns 2,601,082 shares of the company’s stock valued at $104,642,000 after buying an additional 750,161 shares in the last quarter. Midwest Capital Advisors LLC raised its holdings in Putnam Focused Large Cap Value ETF by 16.7% during the 2nd quarter. Midwest Capital Advisors LLC now owns 104,984 shares of the company’s stock valued at $4,224,000 after acquiring an additional 14,992 shares during the period. Finally, MGO One Seven LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 36.1% during the second quarter. MGO One Seven LLC now owns 45,458 shares of the company’s stock worth $1,829,000 after acquiring an additional 12,059 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $48.96 on Monday. The firm has a market capitalization 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 one year low of $32.83 and a one year high of $49.02. The business has a fifty day moving average price of $46.27 and a 200-day moving average price of $43.73.

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 issued a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.