Putnam Focused Large Cap Value ETF $PVAL Stock: Midwest Capital Advisors LLC Grows Holdings

Midwest Capital Advisors LLC increased its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 289.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 804,868 shares of the company’s stock after buying an additional 598,344 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 16.4% of Midwest Capital Advisors LLC’s investment portfolio, making the stock its biggest position. Midwest Capital Advisors LLC owned 0.28% of Putnam Focused Large Cap Value ETF worth $42,352,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Next Level Wealth Planning LLC purchased a new position in Putnam Focused Large Cap Value ETF in the third quarter valued at about $34,000. Arvest Investments Inc. purchased a new stake in shares of Putnam Focused Large Cap Value ETF in the third quarter worth about $57,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Putnam Focused Large Cap Value ETF by 113.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,406 shares of the company’s stock worth $72,000 after buying an additional 748 shares during the period. Signature Equity Partners LLC acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the first quarter valued at about $75,000. Finally, Community Bank N.A. acquired a new stake in shares of Putnam Focused Large Cap Value ETF in the second quarter valued at about $79,000.

Putnam Focused Large Cap Value ETF Stock Performance

PVAL stock opened at $55.03 on Tuesday. The firm has a market cap of $15.72 billion, a P/E ratio of 17.86 and a beta of 0.83. Putnam Focused Large Cap Value ETF has a 1 year low of $42.76 and a 1 year high of $55.91. The stock has a 50-day simple moving average of $53.85 and a 200-day simple moving average of $50.91.

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.