Putnam Focused Large Cap Value ETF $PVAL is Trademark Financial Management LLC’s 2nd Largest Position

Trademark Financial Management LLC raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 22.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,265 shares of the company’s stock after buying an additional 44,659 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 5.6% of Trademark Financial Management LLC’s holdings, making the stock its 2nd largest position. Trademark Financial Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $11,334,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in PVAL. Essex Financial Services Inc. lifted its holdings in Putnam Focused Large Cap Value ETF by 22.2% during the first quarter. Essex Financial Services Inc. now owns 141,768 shares of the company’s stock valued at $6,578,000 after purchasing an additional 25,732 shares during the last quarter. Aspire Capital Advisors LLC purchased a new position in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth about $596,000. 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 worth $247,224,000 after purchasing an additional 789,767 shares in the last quarter. Diversify Advisory Services LLC raised its position in shares of Putnam Focused Large Cap Value ETF by 40.4% in the fourth quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock valued at $7,990,000 after purchasing an additional 48,948 shares during the period. Finally, Auctus Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at approximately $43,589,000.

Putnam Focused Large Cap Value ETF Trading Up 1.1%

Putnam Focused Large Cap Value ETF stock opened at $51.67 on Friday. Putnam Focused Large Cap Value ETF has a 1-year low of $39.71 and a 1-year high of $52.13. The firm has a market capitalization of $14.29 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. The firm has a 50 day simple moving average of $50.33 and a 200 day simple moving average of $48.25.

Putnam Focused Large Cap Value ETF 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.