Putnam Focused Large Cap Value ETF $PVAL Shares Acquired by Macroview Investment Management LLC

Macroview Investment Management LLC grew its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 268.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,879 shares of the company’s stock after purchasing an additional 39,247 shares during the quarter. Putnam Focused Large Cap Value ETF makes up about 1.7% of Macroview Investment Management LLC’s portfolio, making the stock its 18th biggest holding. Macroview Investment Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,455,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Prostatis Group LLC acquired a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $3,727,000. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $596,000. Cullen Frost Bankers Inc. grew its holdings in Putnam Focused Large Cap Value ETF by 135.4% in the third quarter. Cullen Frost Bankers Inc. now owns 5,843,370 shares of the company’s stock valued at $249,629,000 after purchasing an additional 3,360,792 shares during the period. Glenmede Investment Management LP increased its position in shares of Putnam Focused Large Cap Value ETF by 15.8% in the third quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock valued at $247,224,000 after buying an additional 789,767 shares in the last quarter. Finally, Auctus Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $43,589,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL stock opened at $49.85 on Friday. Putnam Focused Large Cap Value ETF has a 1-year low of $37.56 and a 1-year high of $50.36. The company has a market cap of $10.13 billion, a price-to-earnings ratio of 17.86 and a beta of 0.85. The stock has a 50 day simple moving average of $47.72 and a 200-day simple moving average of $46.57.

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.