Patriot Financial Group Insurance Agency LLC Has $11.31 Million Position in Putnam Focused Large Cap Value ETF $PVAL

Patriot Financial Group Insurance Agency LLC raised its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 87.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 243,866 shares of the company’s stock after acquiring an additional 113,578 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $11,315,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Aspire Capital Advisors LLC acquired a new position in Putnam Focused Large Cap Value ETF in the fourth quarter valued at about $596,000. Glenmede Investment Management LP grew its position in shares of Putnam Focused Large Cap Value ETF by 15.8% during the 3rd quarter. Glenmede Investment Management LP now owns 5,787,089 shares of the company’s stock worth $247,224,000 after buying an additional 789,767 shares during the period. Diversify Advisory Services LLC grew its position in shares of Putnam Focused Large Cap Value ETF by 40.4% during the 4th quarter. Diversify Advisory Services LLC now owns 170,008 shares of the company’s stock worth $7,990,000 after buying an additional 48,948 shares during the period. Auctus Advisors LLC acquired a new position in shares of Putnam Focused Large Cap Value ETF during the 4th quarter worth about $43,589,000. Finally, Sowa Financial Group Inc. increased its stake in shares of Putnam Focused Large Cap Value ETF by 4.1% in the 4th quarter. Sowa Financial Group Inc. now owns 571,015 shares of the company’s stock valued at $26,021,000 after acquiring an additional 22,742 shares during the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA:PVAL opened at $50.95 on Friday. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 17.86 and a beta of 0.84. The firm’s 50 day simple moving average is $50.15 and its 200 day simple moving average is $48.06. Putnam Focused Large Cap Value ETF has a fifty-two week low of $39.71 and a fifty-two week high of $52.13.

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.