Stonebridge Financial Group LLC MO Has $3.72 Million Position in Putnam Focused Large Cap Value ETF $PVAL

Stonebridge Financial Group LLC MO lifted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 28.9% during the 1st quarter, HoldingsChannel reports. The fund owned 80,178 shares of the company’s stock after buying an additional 17,969 shares during the period. Putnam Focused Large Cap Value ETF comprises approximately 3.1% of Stonebridge Financial Group LLC MO’s portfolio, making the stock its 4th biggest holding. Stonebridge Financial Group LLC MO’s holdings in Putnam Focused Large Cap Value ETF were worth $3,720,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of PVAL. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the 4th quarter worth $596,000. Glenmede Investment Management LP raised its position in shares of Putnam Focused Large Cap Value ETF by 15.8% during the third quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock valued at $247,224,000 after buying an additional 789,767 shares during the last quarter. Diversify Advisory Services LLC lifted its stake in shares of Putnam Focused Large Cap Value ETF by 40.4% in the fourth quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock valued at $7,990,000 after buying an additional 48,948 shares during the period. Auctus Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $43,589,000. Finally, Sowa Financial Group Inc. grew its position in Putnam Focused Large Cap Value ETF by 4.1% during the fourth quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock worth $26,021,000 after buying an additional 22,742 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Up 0.3%

PVAL stock opened at $51.55 on Tuesday. Putnam Focused Large Cap Value ETF has a twelve month low of $38.95 and a twelve month high of $52.13. The company has a market cap of $10.48 billion, a PE ratio of 17.86 and a beta of 0.84. The business’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $47.90.

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.