Atria Investments Inc Decreases Stock Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Atria Investments Inc lowered its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 10.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 159,591 shares of the company’s stock after selling 19,384 shares during the period. Atria Investments Inc’s holdings in Putnam Focused Large Cap Value ETF were worth $5,924,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $28,000. Verdence Capital Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at about $205,000. Cozad Asset Management Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at about $208,000. Fulcrum Equity Management purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter valued at about $248,000. Finally, Principle Wealth Partners LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $279,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA PVAL opened at $37.79 on Friday. Putnam Focused Large Cap Value ETF has a 12-month low of $33.82 and a 12-month high of $40.07. The company has a market capitalization of $2.06 billion, a PE ratio of 20.51 and a beta of 0.90. The firm’s 50-day moving average is $38.39 and its two-hundred day moving average is $38.20.

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.