Putnam Focused Large Cap Value ETF $PVAL Shares Sold by Atria Investments Inc

Atria Investments Inc lowered its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 9.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 215,909 shares of the company’s stock after selling 22,936 shares during the period. Atria Investments Inc’s holdings in Putnam Focused Large Cap Value ETF were worth $9,224,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in PVAL. Rothschild Investment LLC purchased a new position in Putnam Focused Large Cap Value ETF in the 2nd quarter valued at approximately $67,000. Franklin Resources Inc. purchased a new position in Putnam Focused Large Cap Value ETF in the second quarter valued at $94,000. CoreCap Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF during the 3rd quarter worth $123,000. Rockbridge Investment Management LCC purchased a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter worth about $211,000. Finally, Strategic Blueprint LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at about $228,000.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of PVAL opened at $48.09 on Friday. Putnam Focused Large Cap Value ETF has a 1 year low of $32.83 and a 1 year high of $49.13. The stock has a market capitalization of $7.89 billion, a PE ratio of 17.86 and a beta of 0.88. The stock has a 50-day simple moving average of $46.60 and a 200-day simple moving average of $43.90.

Putnam Focused Large Cap Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a $0.1124 dividend. The ex-dividend date was Friday, December 19th.

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.