StoneCrest Wealth Management Inc. Purchases New Holdings in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

StoneCrest Wealth Management Inc. acquired a new position in shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 164,233 shares of the company’s stock, valued at approximately $6,231,000. Putnam Focused Large Cap Value ETF comprises 4.5% of StoneCrest Wealth Management Inc.’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors also recently made changes to their positions in the business. Dynamic Advisor Solutions LLC increased its stake in Putnam Focused Large Cap Value ETF by 79.8% during the third quarter. Dynamic Advisor Solutions LLC now owns 15,863 shares of the company’s stock valued at $602,000 after purchasing an additional 7,038 shares during the last quarter. City Center Advisors LLC bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 3rd quarter valued at about $248,000. Sanctuary Advisors LLC acquired a new stake in Putnam Focused Large Cap Value ETF during the second quarter worth about $425,000. Cetera Investment Advisers lifted its holdings in Putnam Focused Large Cap Value ETF by 49.7% in the second 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 during the last quarter. Finally, Truist Financial Corp boosted its stake in Putnam Focused Large Cap Value ETF by 36.5% in the second quarter. Truist Financial Corp now owns 66,940 shares of the company’s stock valued at $2,430,000 after acquiring an additional 17,885 shares during the period.

Putnam Focused Large Cap Value ETF Trading Down 0.1 %

Shares of Putnam Focused Large Cap Value ETF stock opened at $37.84 on Wednesday. The stock has a market capitalization of $569.49 million, a price-to-earnings ratio of 16.48 and a beta of 0.82. Putnam Focused Large Cap Value ETF has a twelve month low of $27.68 and a twelve month high of $38.13. The business’s 50 day simple moving average is $37.00 and its 200-day simple moving average is $36.29.

Putnam Focused Large Cap Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Friday, September 6th were given a $0.121 dividend. The ex-dividend date of this dividend was Friday, September 6th.

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.