Harbour Investments Inc. increased its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 17.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,376 shares of the company’s stock after purchasing an additional 8,492 shares during the period. Harbour Investments Inc. owned approximately 0.38% of Putnam Focused Large Cap Value ETF worth $2,130,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PVAL. JPMorgan Chase & Co. bought a new stake in shares of Putnam Focused Large Cap Value ETF in the 3rd quarter worth about $406,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter worth about $28,000. Wealthspire Advisors LLC grew its stake in Putnam Focused Large Cap Value ETF by 19.3% during the fourth quarter. Wealthspire Advisors LLC now owns 330,289 shares of the company’s stock worth $12,260,000 after buying an additional 53,444 shares during the last quarter. Sax Wealth Advisors LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF during the fourth quarter worth approximately $3,291,000. Finally, Carnegie Investment Counsel bought a new position in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $318,000.
Putnam Focused Large Cap Value ETF Price Performance
Shares of PVAL opened at $37.95 on Tuesday. The business’s 50 day simple moving average is $38.41 and its 200-day simple moving average is $38.21. Putnam Focused Large Cap Value ETF has a one year low of $34.14 and a one year high of $40.07. The company has a market capitalization of $2.21 billion, a P/E ratio of 19.44 and a beta of 0.90.
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.
Read More
- Five stocks we like better than Putnam Focused Large Cap Value ETF
- What to Know About Investing in Penny Stocks
- Can TikTok Stock Picks Really Make You Rich?
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- The “Quality” Rotation: Back to Basics Investing
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Occidental Petroleum: 4 Reasons to Love These Prices
Want to see what other hedge funds are holding PVAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report).
Receive News & Ratings for Putnam Focused Large Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Focused Large Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.