CENTRAL TRUST Co Has $3.35 Million Stock Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

CENTRAL TRUST Co raised its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 104.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,221 shares of the company’s stock after acquiring an additional 46,158 shares during the period. CENTRAL TRUST Co owned about 0.60% of Putnam Focused Large Cap Value ETF worth $3,349,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. CWM LLC bought a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at about $61,000,000. Glenmede Trust Co. NA grew its stake in shares of Putnam Focused Large Cap Value ETF by 29.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock valued at $77,364,000 after purchasing an additional 464,165 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Putnam Focused Large Cap Value ETF by 2,963.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock valued at $14,638,000 after purchasing an additional 357,761 shares during the period. Sowa Financial Group Inc. raised its holdings in shares of Putnam Focused Large Cap Value ETF by 335.4% in the 3rd quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock worth $12,387,000 after buying an additional 251,495 shares in the last quarter. Finally, Amplius Wealth Advisors LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 14.8% during the 3rd quarter. Amplius Wealth Advisors LLC now owns 1,566,637 shares of the company’s stock worth $59,433,000 after buying an additional 201,908 shares during the period.

Putnam Focused Large Cap Value ETF Price Performance

Shares of PVAL stock opened at $38.86 on Monday. The stock’s fifty day simple moving average is $38.28 and its 200 day simple moving average is $37.79. Putnam Focused Large Cap Value ETF has a one year low of $31.95 and a one year high of $40.07. The firm has a market cap of $584.84 million, a price-to-earnings ratio of 16.48 and a beta of 0.82.

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.