Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Sold by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC cut its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 70.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,580 shares of the company’s stock after selling 124,915 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,915,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Glenmede Trust Co. NA grew its holdings in Putnam Focused Large Cap Value ETF by 29.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock valued at $77,364,000 after buying an additional 464,165 shares in the last quarter. Amplius Wealth Advisors LLC grew its holdings in Putnam Focused Large Cap Value ETF by 10.3% in the 4th quarter. Amplius Wealth Advisors LLC now owns 1,727,791 shares of the company’s stock valued at $64,136,000 after buying an additional 161,154 shares in the last quarter. CWM LLC purchased a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $61,000,000. Opal Wealth Advisors LLC grew its holdings in Putnam Focused Large Cap Value ETF by 10.2% in the 3rd quarter. Opal Wealth Advisors LLC now owns 1,189,265 shares of the company’s stock valued at $45,121,000 after buying an additional 110,513 shares in the last quarter. Finally, Stifel Financial Corp grew its holdings in Putnam Focused Large Cap Value ETF by 3.8% in the 3rd quarter. Stifel Financial Corp now owns 505,696 shares of the company’s stock valued at $19,186,000 after buying an additional 18,521 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.9 %

Shares of NYSEARCA:PVAL opened at $39.10 on Friday. The business has a fifty day moving average of $38.29 and a two-hundred day moving average of $37.78. The stock has a market cap of $588.46 million, a P/E ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 52-week low of $31.95 and a 52-week high of $40.07.

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.