JPMorgan Chase & Co. Buys New Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

JPMorgan Chase & Co. purchased a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 10,699 shares of the company’s stock, valued at approximately $406,000. JPMorgan Chase & Co. owned about 0.07% of Putnam Focused Large Cap Value ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PVAL. Northwestern Mutual Wealth Management Co. bought a new stake in Putnam Focused Large Cap Value ETF in the second quarter worth approximately $40,000. Allworth Financial LP grew its position in shares of Putnam Focused Large Cap Value ETF by 79.8% during the 3rd quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock worth $98,000 after buying an additional 1,145 shares during the period. Verdence Capital Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $205,000. Cozad Asset Management Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at $208,000. Finally, Next Level Private LLC bought a new position in Putnam Focused Large Cap Value ETF during the third quarter worth $217,000.

Putnam Focused Large Cap Value ETF Trading Down 0.1 %

NYSEARCA:PVAL opened at $38.74 on Thursday. Putnam Focused Large Cap Value ETF has a 12 month low of $31.95 and a 12 month high of $40.07. The stock has a market capitalization of $583.04 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. The firm has a fifty day simple moving average of $38.30 and a two-hundred day simple moving average of $37.76.

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.