Patriot Financial Group Insurance Agency LLC Lowers Stock Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Patriot Financial Group Insurance Agency LLC reduced its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 23.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 110,735 shares of the company’s stock after selling 34,820 shares during the period. Patriot Financial Group Insurance Agency LLC owned about 0.74% of Putnam Focused Large Cap Value ETF worth $4,110,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PVAL. CWM LLC acquired a new stake in Putnam Focused Large Cap Value ETF in the 3rd quarter valued at $61,000,000. Glenmede Trust Co. NA raised its holdings in shares of Putnam Focused Large Cap Value ETF by 29.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,039,113 shares of the company’s stock valued at $77,364,000 after buying an additional 464,165 shares during the period. Sanctuary Advisors LLC lifted its position in Putnam Focused Large Cap Value ETF by 2,963.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 369,834 shares of the company’s stock worth $14,638,000 after acquiring an additional 357,761 shares in the last quarter. Cetera Investment Advisers lifted its position in Putnam Focused Large Cap Value ETF by 49.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,031,872 shares of the company’s stock worth $37,457,000 after acquiring an additional 342,418 shares in the last quarter. Finally, Sowa Financial Group Inc. lifted its position in Putnam Focused Large Cap Value ETF by 335.4% during the 3rd quarter. Sowa Financial Group Inc. now owns 326,482 shares of the company’s stock worth $12,387,000 after acquiring an additional 251,495 shares in the last quarter.

Putnam Focused Large Cap Value ETF Stock Performance

Putnam Focused Large Cap Value ETF stock opened at $38.95 on Tuesday. The stock’s 50 day moving average price is $38.30 and its 200 day moving average price is $37.72. The firm has a market capitalization of $586.26 million, a PE ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a one year low of $31.92 and a one 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.