J.W. Cole Advisors Inc. Has $6.59 Million Stake in Putnam Focused Large Cap Value ETF $PVAL

J.W. Cole Advisors Inc. increased its stake in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 22.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,709 shares of the company’s stock after acquiring an additional 26,984 shares during the period. J.W. Cole Advisors Inc.’s holdings in Putnam Focused Large Cap Value ETF were worth $6,594,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Allworth Financial LP raised its holdings in shares of Putnam Focused Large Cap Value ETF by 7.3% during the fourth quarter. Allworth Financial LP now owns 3,199 shares of the company’s stock worth $146,000 after acquiring an additional 219 shares during the period. Verdence Capital Advisors LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 9,471 shares of the company’s stock worth $432,000 after acquiring an additional 249 shares during the period. Brown Advisory Inc. raised its holdings in shares of Putnam Focused Large Cap Value ETF by 2.4% during the second quarter. Brown Advisory Inc. now owns 12,602 shares of the company’s stock worth $507,000 after acquiring an additional 300 shares during the period. Tempus Wealth Planning LLC raised its holdings in shares of Putnam Focused Large Cap Value ETF by 0.6% in the third quarter. Tempus Wealth Planning LLC now owns 65,336 shares of the company’s stock valued at $2,791,000 after purchasing an additional 406 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its position in shares of Putnam Focused Large Cap Value ETF by 1.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 27,959 shares of the company’s stock worth $1,274,000 after purchasing an additional 413 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Down 1.6%

Shares of PVAL stock opened at $50.53 on Friday. The company’s fifty day simple moving average is $48.92 and its 200-day simple moving average is $47.30. The firm has a market cap of $10.27 billion, a PE ratio of 17.86 and a beta of 0.84. Putnam Focused Large Cap Value ETF has a 12 month low of $38.81 and a 12 month high of $51.45.

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.