Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) is Opal Wealth Advisors LLC’s Largest Position

Opal Wealth Advisors LLC boosted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,214,952 shares of the company’s stock after purchasing an additional 25,687 shares during the quarter. Putnam Focused Large Cap Value ETF comprises 13.5% of Opal Wealth Advisors LLC’s portfolio, making the stock its largest position. Opal Wealth Advisors LLC owned approximately 8.07% of Putnam Focused Large Cap Value ETF worth $45,099,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Glenmede Trust Co. NA grew its position in Putnam Focused Large Cap Value ETF by 29.5% during 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 last quarter. Sanctuary Advisors LLC grew its holdings in shares of Putnam Focused Large Cap Value ETF by 2,963.3% during the third quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock valued at $14,638,000 after buying an additional 357,761 shares during the last quarter. Sowa Financial Group Inc. grew its holdings in shares of Putnam Focused Large Cap Value ETF by 335.4% during the third quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock valued at $12,387,000 after buying an additional 251,495 shares during the last quarter. Amplius Wealth Advisors LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 14.8% during the third quarter. Amplius Wealth Advisors LLC now owns 1,566,637 shares of the company’s stock valued at $59,433,000 after acquiring an additional 201,908 shares in the last quarter. Finally, Atria Investments Inc purchased a new position in Putnam Focused Large Cap Value ETF in the 3rd quarter worth approximately $6,790,000.

Putnam Focused Large Cap Value ETF Trading Down 0.6 %

Shares of PVAL opened at $39.05 on Monday. The company has a market cap of $587.70 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. The business’s fifty day simple moving average is $38.18 and its two-hundred day simple moving average is $37.85. Putnam Focused Large Cap Value ETF has a 12 month low of $32.00 and a 12 month high of $40.07.

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.