New England Private Wealth Advisors LLC Purchases 13,331 Shares of Putnam Focused Large Cap Value ETF $PVAL

New England Private Wealth Advisors LLC raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 137,765 shares of the company’s stock after purchasing an additional 13,331 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $6,278,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Prostatis Group LLC bought a new position in Putnam Focused Large Cap Value ETF in the third quarter valued at about $3,727,000. Aspire Capital Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $596,000. Cullen Frost Bankers Inc. increased its stake in shares of 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 buying an additional 3,360,792 shares during the period. Glenmede Investment Management LP increased its stake 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 during the period. Finally, Auctus Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $43,589,000.

Putnam Focused Large Cap Value ETF Trading Up 0.5%

Shares of PVAL stock opened at $50.36 on Friday. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 17.86 and a beta of 0.85. The stock has a 50-day moving average of $48.03 and a 200-day moving average of $46.81. Putnam Focused Large Cap Value ETF has a 1-year low of $37.56 and a 1-year high of $50.53.

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.