Putnam Focused Large Cap Value ETF $PVAL Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 47.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,156 shares of the company’s stock after buying an additional 12,235 shares during the period. Vise Technologies Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $2,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of PVAL. Bank of America Corp DE grew its stake in shares of Putnam Focused Large Cap Value ETF by 48.4% in the 1st quarter. Bank of America Corp DE now owns 35,914,629 shares of the company’s stock worth $1,666,439,000 after buying an additional 11,707,304 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Putnam Focused Large Cap Value ETF by 21.6% during the 1st quarter. Cetera Investment Advisers now owns 8,337,155 shares of the company’s stock valued at $386,844,000 after buying an additional 1,483,240 shares in the last quarter. Glenmede Trust Co. NA lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 11.4% in the 1st quarter. Glenmede Trust Co. NA now owns 7,154,285 shares of the company’s stock valued at $331,959,000 after acquiring an additional 734,798 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 16.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,400,725 shares of the company’s stock valued at $275,167,000 after acquiring an additional 762,099 shares during the last quarter. Finally, Modern Wealth Management LLC grew its position in Putnam Focused Large Cap Value ETF by 16.1% in the first quarter. Modern Wealth Management LLC now owns 2,304,807 shares of the company’s stock worth $107,335,000 after acquiring an additional 319,556 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL stock opened at $54.01 on Friday. The stock’s 50-day moving average is $53.84 and its 200 day moving average is $50.83. Putnam Focused Large Cap Value ETF has a 1-year low of $42.76 and a 1-year high of $55.91. The company has a market cap of $15.31 billion, a P/E ratio of 17.86 and a beta of 0.83.

Putnam Focused Large Cap Value ETF Company 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.