Putnam Focused Large Cap Value ETF $PVAL Shares Sold by Capital Analysts LLC

Capital Analysts LLC lowered its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 74.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 208,893 shares of the company’s stock after selling 612,782 shares during the period. Capital Analysts LLC owned 0.13% of Putnam Focused Large Cap Value ETF worth $9,519,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of PVAL. Bank of America Corp DE grew its stake in shares of Putnam Focused Large Cap Value ETF by 22.0% in the 3rd quarter. Bank of America Corp DE now owns 12,422,010 shares of the company’s stock valued at $530,668,000 after buying an additional 2,239,115 shares during the period. Cullen Frost Bankers Inc. grew its stake in shares of Putnam Focused Large Cap Value ETF by 17.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 6,852,855 shares of the company’s stock valued at $312,285,000 after buying an additional 1,009,485 shares during the period. Auctus Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $43,589,000. Glenmede Investment Management LP grew its stake in shares of Putnam Focused Large Cap Value ETF by 15.8% in the 3rd 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, Bleakley Financial Group LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at approximately $35,501,000.

Putnam Focused Large Cap Value ETF Price Performance

Putnam Focused Large Cap Value ETF stock opened at $50.70 on Wednesday. The firm has a 50 day simple moving average of $49.12 and a 200-day simple moving average of $47.44. Putnam Focused Large Cap Value ETF has a 1-year low of $38.93 and a 1-year high of $51.45. The stock has a market cap of $10.31 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84.

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.