OneAscent Wealth Management LLC trimmed its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL – Free Report) by 16.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,071 shares of the company’s stock after selling 1,760 shares during the period. OneAscent Wealth Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $337,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at $28,000. Raymond James Financial Inc. bought a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at $212,000. Fulcrum Equity Management acquired a new position in shares of Putnam Focused Large Cap Value ETF during the third quarter valued at about $248,000. Cozad Asset Management Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF by 26.7% during the 4th quarter. Cozad Asset Management Inc. now owns 6,949 shares of the company’s stock worth $258,000 after purchasing an additional 1,466 shares in the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 31.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 7,110 shares of the company’s stock valued at $264,000 after buying an additional 1,712 shares during the period.
Putnam Focused Large Cap Value ETF Stock Performance
PVAL stock opened at $37.64 on Friday. The stock’s 50 day simple moving average is $38.52 and its 200 day simple moving average is $38.27. The company has a market cap of $2.38 billion, a P/E ratio of 20.00 and a beta of 0.90. Putnam Focused Large Cap Value ETF has a fifty-two week low of $34.14 and a fifty-two week high of $40.07.
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.
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