Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Purchased by Glenmede Trust Co. NA

Glenmede Trust Co. NA increased its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 29.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,039,113 shares of the company’s stock after acquiring an additional 464,165 shares during the period. Glenmede Trust Co. NA owned approximately 0.14% of Putnam Focused Large Cap Value ETF worth $77,364,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PVAL. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the second quarter worth approximately $40,000. Clear Point Advisors Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the second quarter worth $61,000. Allworth Financial LP lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 79.8% during the 3rd quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after buying an additional 1,145 shares during the last quarter. Verdence Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $205,000. Finally, Cozad Asset Management Inc. bought a new stake in Putnam Focused Large Cap Value ETF in the third quarter worth $208,000.

Putnam Focused Large Cap Value ETF Stock Down 0.1 %

Shares of Putnam Focused Large Cap Value ETF stock opened at $39.82 on Wednesday. Putnam Focused Large Cap Value ETF has a 12-month low of $29.82 and a 12-month high of $39.97. The stock has a 50 day moving average price of $38.36 and a two-hundred day moving average price of $37.12. The stock has a market capitalization of $599.29 million, a P/E ratio of 16.48 and a beta of 0.82.

Putnam Focused Large Cap Value ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, September 10th. Stockholders of record on Friday, September 6th were given a $0.121 dividend. The ex-dividend date of this dividend was Friday, September 6th.

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.