CENTRAL TRUST Co lowered its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 3.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 308,411 shares of the company’s stock after selling 12,644 shares during the period. CENTRAL TRUST Co owned approximately 0.27% of Putnam Focused Large Cap Value ETF worth $13,175,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter worth approximately $67,000. Franklin Resources Inc. bought a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $94,000. CoreCap Advisors LLC bought a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $123,000. Rockbridge Investment Management LCC acquired a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at $211,000. Finally, Strategic Blueprint LLC bought a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $228,000.
Putnam Focused Large Cap Value ETF Stock Performance
PVAL opened at $48.09 on Friday. The stock has a fifty day moving average of $46.60 and a 200-day moving average of $43.90. The company has a market capitalization of $7.89 billion, a P/E ratio of 17.86 and a beta of 0.88. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.83 and a fifty-two week high of $49.13.
Putnam Focused Large Cap Value ETF Announces Dividend
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.
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