Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Sold by Stephens Inc. AR

Stephens Inc. AR trimmed its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,778 shares of the company’s stock after selling 357 shares during the quarter. Stephens Inc. AR owned approximately 0.08% of Putnam Focused Large Cap Value ETF worth $437,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Glenmede Trust Co. NA grew its position in shares of Putnam Focused Large Cap Value ETF by 29.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock valued at $77,364,000 after acquiring an additional 464,165 shares during the period. Amplius Wealth Advisors LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 10.3% in the fourth quarter. Amplius Wealth Advisors LLC now owns 1,727,791 shares of the company’s stock valued at $64,136,000 after buying an additional 161,154 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Putnam Focused Large Cap Value ETF by 3.8% during the 3rd quarter. Stifel Financial Corp now owns 505,696 shares of the company’s stock worth $19,186,000 after buying an additional 18,521 shares during the period. Sowa Financial Group Inc. grew its stake in Putnam Focused Large Cap Value ETF by 40.4% in the 4th quarter. Sowa Financial Group Inc. now owns 458,420 shares of the company’s stock valued at $17,017,000 after acquiring an additional 131,938 shares during the period. Finally, GGM Financials LLC increased its holdings in Putnam Focused Large Cap Value ETF by 2.1% in the 3rd quarter. GGM Financials LLC now owns 400,957 shares of the company’s stock worth $15,212,000 after acquiring an additional 8,156 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.1 %

PVAL opened at $39.33 on Friday. The firm’s fifty day simple moving average is $38.16 and its two-hundred day simple moving average is $37.94. Putnam Focused Large Cap Value ETF has a 52-week low of $32.41 and a 52-week high of $40.07. The company has a market cap of $591.92 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

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.