Putnam Focused Large Cap Value ETF $PVAL is GGM Financials LLC’s 9th Largest Position

GGM Financials LLC increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 29.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,207 shares of the company’s stock after acquiring an additional 23,204 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 2.2% of GGM Financials LLC’s investment portfolio, making the stock its 9th biggest holding. GGM Financials LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $4,366,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Fifth Third Bancorp bought a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at approximately $63,000. Rothschild Investment LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 2nd quarter worth approximately $67,000. Franklin Resources Inc. bought a new position in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at approximately $94,000. CoreCap Advisors LLC bought a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter valued at approximately $123,000. Finally, Rockbridge Investment Management LCC purchased a new position in Putnam Focused Large Cap Value ETF during the second quarter valued at $211,000.

Putnam Focused Large Cap Value ETF Trading Up 0.5%

NYSEARCA PVAL opened at $48.33 on Wednesday. Putnam Focused Large Cap Value ETF has a 12 month low of $32.83 and a 12 month high of $49.13. The stock’s fifty day moving average price is $47.12 and its 200-day moving average price is $44.39. The stock has a market cap of $7.93 billion, a P/E ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a $0.1124 dividend. 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.