Putnam Focused Large Cap Value ETF $PVAL Shares Purchased by IAG Wealth Partners LLC

IAG Wealth Partners LLC grew its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 340,980.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 433,172 shares of the company’s stock after purchasing an additional 433,045 shares during the quarter. Putnam Focused Large Cap Value ETF accounts for 2.2% of IAG Wealth Partners LLC’s portfolio, making the stock its 19th largest position. IAG Wealth Partners LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $22,794,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Processus Wealth & Capital Management LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 2.3% in the third quarter. Processus Wealth & Capital Management LLC now owns 14,824 shares of the company’s stock valued at $780,000 after buying an additional 338 shares during the period. Marin Bay Wealth Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 4.1% during the third quarter. Marin Bay Wealth Advisors LLC now owns 8,819 shares of the company’s stock valued at $464,000 after buying an additional 345 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Putnam Focused Large Cap Value ETF by 6.4% during the second quarter. NewEdge Advisors LLC now owns 8,205 shares of the company’s stock valued at $418,000 after buying an additional 494 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Putnam Focused Large Cap Value ETF by 44.4% during the first quarter. International Assets Investment Management LLC now owns 1,950 shares of the company’s stock worth $91,000 after acquiring an additional 600 shares during the period. Finally, Next Level Wealth Planning LLC acquired a new position in Putnam Focused Large Cap Value ETF during the third quarter worth about $34,000.

Putnam Focused Large Cap Value ETF Trading Down 0.2%

Shares of Putnam Focused Large Cap Value ETF stock opened at $55.09 on Friday. The company’s 50-day moving average price is $53.91 and its two-hundred day moving average price is $51.04. Putnam Focused Large Cap Value ETF has a 52 week low of $42.76 and a 52 week high of $55.91. The stock has a market cap of $15.93 billion, a PE ratio of 21.14 and a beta of 0.83.

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.