Kestra Private Wealth Services LLC Raises Position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Kestra Private Wealth Services LLC lifted its position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 4.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,814 shares of the company’s stock after acquiring an additional 2,528 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $2,220,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Putnam Focused Large Cap Value ETF in the 4th quarter valued at about $28,000. Wealthcare Advisory Partners LLC grew its position in Putnam Focused Large Cap Value ETF by 2.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 32,068 shares of the company’s stock worth $1,190,000 after buying an additional 875 shares during the period. StoneX Group Inc. increased its holdings in Putnam Focused Large Cap Value ETF by 3.2% in the third quarter. StoneX Group Inc. now owns 30,989 shares of the company’s stock valued at $1,176,000 after buying an additional 956 shares in the last quarter. Allworth Financial LP lifted its position in shares of Putnam Focused Large Cap Value ETF by 79.8% during the 3rd quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock valued at $98,000 after acquiring an additional 1,145 shares during the period. Finally, Stephens Inc. AR boosted its stake in shares of Putnam Focused Large Cap Value ETF by 23.6% during the 3rd quarter. Stephens Inc. AR now owns 12,135 shares of the company’s stock worth $460,000 after acquiring an additional 2,321 shares in the last quarter.

Putnam Focused Large Cap Value ETF Price Performance

NYSEARCA PVAL opened at $39.24 on Wednesday. The business has a 50 day moving average price of $38.17 and a 200 day moving average price of $37.87. The company has a market capitalization of $590.56 million, a P/E ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a 1-year low of $32.00 and a 1-year high of $40.07.

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.