Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) is Amplius Wealth Advisors LLC’s 2nd Largest Position

Amplius Wealth Advisors LLC lifted its holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 10.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,727,791 shares of the company’s stock after purchasing an additional 161,154 shares during the quarter. Putnam Focused Large Cap Value ETF comprises about 6.6% of Amplius Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position. Amplius Wealth Advisors LLC owned approximately 11.48% of Putnam Focused Large Cap Value ETF worth $64,136,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PVAL. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the fourth quarter worth $28,000. Wealthcare Advisory Partners LLC raised its stake in Putnam Focused Large Cap Value ETF by 2.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 32,068 shares of the company’s stock worth $1,190,000 after acquiring an additional 875 shares during the last quarter. StoneX Group Inc. lifted its position in Putnam Focused Large Cap Value ETF by 3.2% during the 3rd quarter. StoneX Group Inc. now owns 30,989 shares of the company’s stock worth $1,176,000 after acquiring an additional 956 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in Putnam Focused Large Cap Value ETF during the 2nd quarter valued at about $40,000. Finally, Allworth Financial LP increased its holdings in shares of Putnam Focused Large Cap Value ETF by 79.8% in the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after purchasing an additional 1,145 shares during the period.

Putnam Focused Large Cap Value ETF Stock Up 0.5 %

Putnam Focused Large Cap Value ETF stock opened at $38.33 on Tuesday. The stock has a 50-day moving average price of $38.33 and a 200 day moving average price of $37.64. The company has a market capitalization of $576.87 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 52 week low of $30.83 and a 52 week 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.