Macroview Investment Management LLC Buys Shares of 14,632 Putnam Focused Large Cap Value ETF $PVAL

Macroview Investment Management LLC purchased a new stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,632 shares of the company’s stock, valued at approximately $625,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rothschild Investment LLC bought a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at approximately $67,000. Franklin Resources Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the second quarter worth $94,000. Ameritas Advisory Services LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF during the second quarter worth $121,000. CoreCap Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $123,000. Finally, Rockbridge Investment Management LCC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter valued at $211,000.

Putnam Focused Large Cap Value ETF Stock Up 0.7%

Shares of PVAL stock opened at $46.92 on Friday. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $47.02. The stock’s fifty day simple moving average is $44.81 and its 200 day simple moving average is $42.78. The firm has a market capitalization of $6.91 billion, a P/E ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a $0.1124 dividend. The ex-dividend date was Friday, December 19th.

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.