3 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. increased its position in shares of Putnam Focused Large Cap Value ETF ( NYSEARCA:PVAL – Free Report ) by 41.2% in the fourth quarter, Holdings Channel.
com reports. The firm owned 434,701 shares of the company’s stock after purchasing an additional 126,871 shares during the quarter. Envestnet Asset Management Inc.
’s holdings in Putnam Focused Large Cap Value ETF were worth $16,136,000 at the end of the most recent quarter. Several other hedge funds also recently added to or reduced their stakes in PVAL. Arete Wealth Advisors LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 31.
8% during the fourth quarter. Arete Wealth Advisors LLC now owns 366,788 shares of the company’s stock valued at $13,604,000 after buying an additional 88,393 shares during the last quarter. World Investment Advisors bought a new stake in Putnam Focused Large Cap Value ETF during the 4th quarter valued at $240,000.
StoneX Group Inc. boosted its stake in shares of Putnam Focused Large Cap Value ETF by 7.8% during the fourth quarter.
StoneX Group Inc. now owns 33,399 shares of the company’s stock valued at $1,240,000 after purchasing an additional 2,410 shares in the last quarter. Modern Wealth Management LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter worth $4,599,000.
Finally, LPL Financial LLC raised its holdings in Putnam Focused Large Cap Value ETF by 17.7% in the fourth quarter. LPL Financial LLC now owns 79,491 shares of the company’s stock worth $2,951,000 after purchasing an additional 11,949 shares in the last quarter.
Putnam Focused Large Cap Value ETF Stock Performance NYSEARCA:PVAL opened at $35.80 on Wednesday. The company’s 50-day simple moving average is $37.
65 and its 200-day simple moving average is $38.12. Putnam Focused Large Cap Value ETF has a fifty-two week low of $32.
83 and a fifty-two week high of $40.07. The stock has a market capitalization of $2.
38 billion, a P/E ratio of 18.80 and a beta of 0.89.
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. Recommended Stories Want to see what other hedge funds are holding PVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Focused Large Cap Value ETF ( NYSEARCA:PVAL – Free Report ).
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