World Investment Advisors Acquires 32,468 Shares of Putnam Focused Large Cap Value ETF $PVAL

World Investment Advisors boosted its holdings in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 163.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,277 shares of the company’s stock after buying an additional 32,468 shares during the quarter. World Investment Advisors’ holdings in Putnam Focused Large Cap Value ETF were worth $2,426,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PVAL. Blue Trust Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF during the 1st quarter worth $27,000. Parkside Financial Bank & Trust bought a new position in Putnam Focused Large Cap Value ETF in the 4th quarter worth $52,000. MCF Advisors LLC purchased a new position in Putnam Focused Large Cap Value ETF during the fourth quarter valued at $53,000. Global Retirement Partners LLC bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at about $58,000. Finally, International Assets Investment Management LLC bought a new stake in Putnam Focused Large Cap Value ETF during the fourth quarter valued at about $62,000.

Putnam Focused Large Cap Value ETF Stock Down 0.3%

PVAL traded down $0.15 during midday trading on Tuesday, reaching $51.83. The company had a trading volume of 504,651 shares, compared to its average volume of 1,600,399. The business has a 50-day moving average of $50.38 and a two-hundred day moving average of $48.29. Putnam Focused Large Cap Value ETF has a 1 year low of $39.71 and a 1 year high of $52.13. The company has a market cap of $12.08 billion, a P/E ratio of 17.86 and a beta of 0.84.

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.