International Assets Investment Management LLC Takes Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

International Assets Investment Management LLC purchased a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 26,368 shares of the company’s stock, valued at approximately $1,000,000. International Assets Investment Management LLC owned about 0.18% of Putnam Focused Large Cap Value ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Putnam Focused Large Cap Value ETF in the 2nd quarter worth about $40,000. Clear Point Advisors Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at approximately $61,000. Next Level Private LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the third quarter worth $217,000. City Center Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $248,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Putnam Focused Large Cap Value ETF in the second quarter worth approximately $272,000.

Putnam Focused Large Cap Value ETF Stock Up 0.1 %

PVAL stock opened at $37.64 on Tuesday. The stock has a market cap of $566.48 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a fifty-two week low of $28.80 and a fifty-two week high of $38.65. The business has a 50 day moving average price of $37.69 and a 200 day moving average price of $36.66.

Putnam Focused Large Cap Value ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, September 10th. Investors of record on Friday, September 6th were issued a dividend of $0.121 per share. The ex-dividend date of this dividend was Friday, September 6th.

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.