RFG Advisory LLC Acquires 107,339 Shares of Putnam Focused Large Cap Value ETF $PVAL

RFG Advisory LLC lifted its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 38.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 388,065 shares of the company’s stock after acquiring an additional 107,339 shares during the quarter. RFG Advisory LLC owned 0.34% of Putnam Focused Large Cap Value ETF worth $16,578,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Brown Advisory Inc. increased its position in shares of Putnam Focused Large Cap Value ETF by 2.4% during the 2nd quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock valued at $507,000 after purchasing an additional 300 shares during the last quarter. Cox Capital Mgt LLC grew its position in Putnam Focused Large Cap Value ETF by 3.4% during the third quarter. Cox Capital Mgt LLC now owns 22,828 shares of the company’s stock valued at $975,000 after buying an additional 749 shares during the period. Cyndeo Wealth Partners LLC grew its position in Putnam Focused Large Cap Value ETF by 5.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 18,400 shares of the company’s stock valued at $786,000 after buying an additional 871 shares during the period. ERn Financial LLC increased its holdings in Putnam Focused Large Cap Value ETF by 0.8% during the third quarter. ERn Financial LLC now owns 131,875 shares of the company’s stock worth $5,634,000 after buying an additional 987 shares during the last quarter. Finally, Castle Wealth Management LLC raised its position in Putnam Focused Large Cap Value ETF by 0.5% in the third quarter. Castle Wealth Management LLC now owns 210,229 shares of the company’s stock worth $8,981,000 after acquiring an additional 1,058 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 1.8%

PVAL opened at $48.96 on Monday. Putnam Focused Large Cap Value ETF has a twelve month low of $32.83 and a twelve month high of $49.02. The company’s 50-day moving average price is $46.27 and its two-hundred day moving average price is $43.73. The stock has a market cap of $8.04 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a dividend of $0.1124 per share. The ex-dividend date of this dividend was Friday, December 19th.

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.