Jane Street Group LLC Sells 35,994 Shares of Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL)

Jane Street Group LLC lowered its position in Putnam Focused Large Cap Value ETF (NYSEARCA:PVAL) by 45.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 43,987 shares of the company’s stock after selling 35,994 shares during the quarter. Jane Street Group LLC’s holdings in Putnam Focused Large Cap Value ETF were worth $1,669,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. purchased a new position in Putnam Focused Large Cap Value ETF during the second quarter worth about $40,000. Clear Point Advisors Inc. bought a new stake in shares of Putnam Focused Large Cap Value ETF during the 2nd quarter valued at about $61,000. Allworth Financial LP grew its holdings in shares of Putnam Focused Large Cap Value ETF by 79.8% during the third quarter. Allworth Financial LP now owns 2,580 shares of the company’s stock worth $98,000 after purchasing an additional 1,145 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in shares of Putnam Focused Large Cap Value ETF in the third quarter worth approximately $205,000. Finally, Cozad Asset Management Inc. purchased a new stake in Putnam Focused Large Cap Value ETF in the third quarter valued at approximately $208,000.

Putnam Focused Large Cap Value ETF Price Performance

Shares of Putnam Focused Large Cap Value ETF stock opened at $37.69 on Friday. Putnam Focused Large Cap Value ETF has a 1 year low of $30.83 and a 1 year high of $40.07. The firm has a market cap of $567.23 million, a PE ratio of 16.48 and a beta of 0.82. The company has a 50 day simple moving average of $38.61 and a two-hundred day simple moving average of $37.50.

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.