Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) Shares Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 101.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 62,105 shares of the company’s stock after buying an additional 31,300 shares during the period. SeaCrest Wealth Management LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,305,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. AdvisorNet Financial Inc increased its holdings in shares of Putnam Focused Large Cap Value ETF by 58.7% in the 4th quarter. AdvisorNet Financial Inc now owns 257,796 shares of the company’s stock valued at $9,569,000 after acquiring an additional 95,358 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its holdings in Putnam Focused Large Cap Value ETF by 775.1% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 90,914 shares of the company’s stock valued at $3,375,000 after purchasing an additional 80,525 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $406,000. Sanctuary Advisors LLC raised its holdings in Putnam Focused Large Cap Value ETF by 2,963.3% during the third quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock worth $14,638,000 after purchasing an additional 357,761 shares in the last quarter. Finally, Fulcrum Equity Management purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter worth approximately $248,000.

Putnam Focused Large Cap Value ETF Trading Up 0.9 %

Shares of Putnam Focused Large Cap Value ETF stock opened at $37.45 on Wednesday. The company has a fifty day simple moving average of $38.40 and a 200-day simple moving average of $37.60. Putnam Focused Large Cap Value ETF has a 12-month low of $30.83 and a 12-month high of $40.07. The stock has a market cap of $563.62 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

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.