WealthCare Investment Partners LLC Decreases Stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

WealthCare Investment Partners LLC trimmed its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,775 shares of the company’s stock after selling 904 shares during the period. WealthCare Investment Partners LLC owned 0.28% of Putnam Focused Large Cap Value ETF worth $1,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in PVAL. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Putnam Focused Large Cap Value ETF in the second quarter valued at approximately $272,000. Cambridge Investment Research Advisors Inc. lifted its position in Putnam Focused Large Cap Value ETF by 250.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 130,023 shares of the company’s stock valued at $4,720,000 after acquiring an additional 92,916 shares during the last quarter. AdvisorNet Financial Inc lifted its position in Putnam Focused Large Cap Value ETF by 37.9% in the first quarter. AdvisorNet Financial Inc now owns 59,160 shares of the company’s stock valued at $2,114,000 after acquiring an additional 16,267 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Putnam Focused Large Cap Value ETF by 636.3% during the first quarter. Cetera Investment Advisers now owns 689,454 shares of the company’s stock worth $24,634,000 after purchasing an additional 595,811 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 0.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 582,076 shares of the company’s stock worth $21,129,000 after purchasing an additional 3,895 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 0.1 %

Shares of NYSEARCA PVAL opened at $37.84 on Wednesday. The business has a 50-day moving average price of $36.99 and a 200 day moving average price of $36.27. The stock has a market cap of $569.49 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 52-week low of $27.68 and a 52-week high of $38.13.

Putnam Focused Large Cap Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, September 6th were given a dividend of $0.121 per share. The ex-dividend date was Friday, September 6th.

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.