Rockefeller Capital Management L.P. Raises Holdings in Putnam Focused Large Cap Value ETF $PVAL

Rockefeller Capital Management L.P. lifted its stake in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 509.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 551,609 shares of the company’s stock after acquiring an additional 461,155 shares during the period. Rockefeller Capital Management L.P.’s holdings in Putnam Focused Large Cap Value ETF were worth $25,137,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Aspire Capital Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the fourth quarter valued at approximately $596,000. Glenmede Investment Management LP increased 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 worth $247,224,000 after purchasing an additional 789,767 shares in the last quarter. Diversify Advisory Services LLC increased its position in shares of Putnam Focused Large Cap Value ETF by 40.4% during the fourth quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock worth $7,990,000 after purchasing an additional 48,948 shares in the last quarter. Auctus Advisors LLC purchased a new stake in shares of Putnam Focused Large Cap Value ETF during the 4th quarter valued at $43,589,000. Finally, Sowa Financial Group Inc. lifted its holdings in shares of Putnam Focused Large Cap Value ETF by 4.1% during the 4th quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock valued at $26,021,000 after purchasing an additional 22,742 shares during the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

Shares of NYSEARCA PVAL opened at $51.55 on Tuesday. The company has a market cap of $10.48 billion, a PE ratio of 17.86 and a beta of 0.84. The business has a 50-day simple moving average of $49.92 and a two-hundred day simple moving average of $47.90. Putnam Focused Large Cap Value ETF has a fifty-two week low of $38.95 and a fifty-two week high of $52.13.

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.